METHODS AND APPARATUS FOR FACILITATING IMMIGRATION TRANSACTIONS USING AN ACCOUNTING SYSTEM FOR ALLOCATING EMPLOYMENT CREDITS
Methods, systems and apparatus for facilitating immigration transactions and investments are disclosed. Data is prepared for use in an immigration compliance report. One or more employment credits are reported as being allocated to an investment. The employment credits represent jobs created through investment in a first business entity that employs one or more employees that are simultaneously employees of the first business entity and a second business entity. The one or more employees that are simultaneously employees of the first business entity and a second business entity are identified as holding jobs created by the investment in the first business entity.
1 . A method for automatically creating at least a portion of an immigration regulatory compliance report, comprising:
receiving, via a network interface over an Internet connection, investment data indicating investments provided from two or more qualified immigrants to a first entity, wherein the first entity is a professional employer organization, the first entity hires two or more employees who then provide services to a second entity utilizing a co-employment arrangement between the first entity and the second entity with respect to services of the two or more employees wherein the first entity and the second entity share employment responsibilities for the two or more employees, wherein the first entity and second entity are co-employers of the two or more employees, wherein the employment responsibilities of the first entity under the co-employment arrangement include immigration compliance reporting, and wherein the second entity supervises delivery of the services by the two or more employees as a portion of the employment responsibilities under the co-employment arrangement; and the services are provided in exchange for consideration being paid by the second entity to the first entity;
receiving jobs credit data, via the network interface over the Internet connection, in an electronic accounting system that includes a processor and a memory, the jobs credit data indicating immigration regulatory compliance job credits usable by the first entity, based on the employment of the two or more employees by the first entity to provide the services to the second entity;
automatically applying in the electronic accounting system via operational steps performed by the processor, two or more of the immigration regulatory compliance job credits in accordance with the job credits data to the two or more of the qualified immigrants by:
determining an amount of time remaining for each of the two or more of the qualified immigrants to comply with an immigration regulatory requirement; and
generating allocated job credits data by automatically allocating the immigration regulatory compliance job credits in accordance with the job credits data among the two or more of the qualified immigrants so that the immigration regulatory compliance job credits are allocated first to one of the two or more of the qualified immigrants having a least amount of the time remaining to comply with an immigration regulatory requirement;
using the allocated job credits data to automatically create, via the operational steps performed by the processor, at least a portion of an immigration regulatory compliance report for the two or more employees pursuant to the employment responsibilities of the first entity under the co-employment arrangement;
storing in a memory associated with the processor, the immigration regulatory compliance report; and
transmitting, via the network interface over the Internet connection, the immigration regulatory compliance report.
2 . The method of claim 1 , further comprising automatically transmitting, via the network interface, the immigration regulatory compliance report to a regulatory agency.
3 . The method of claim 1 , wherein the applying is performed automatically by the electronic accounting system, after receipt of the job credits into the accounting system via the network interface.
4 . The method of claim 1 , further comprising automatically ensuring that the job credits for any employee are only applied as a job credit for one of the two or more qualified immigrants.
5 . The method of claim 1 , wherein receiving investment data indicating investments provided from two or more qualified immigrants to the first entity further comprises allowing investments to be provided from two or more qualified immigrants to the first entity without allowing investments to be provided from two or more qualified immigrants to the second entity.
6 . A system for automatically creating at least a portion of an immigration regulatory compliance report, the system comprising:
a network interface that receives investment data via a network that includes an Internet connection, the investment data indicating investments provided from two or more qualified immigrants to a first entity, wherein the first entity is a professional employer organization that hires two or more employees who then provide services to a second entity utilizing a co-employment arrangement between the first entity and the second entity with respect to services of the two or more employees wherein the first entity and the second entity share employment responsibilities for the two or more employees, wherein the first entity and second entity are co-employers of the two or more employees, wherein the employment responsibilities of the first entity under the co-employment arrangement include immigration compliance reporting, and wherein the second entity supervises delivery of the services by the two or more employees as a portion of the employment responsibilities under the co-employment arrangement, and the services are provided in exchange for consideration being paid by the second entity to the first entity, and wherein the network interface further receives jobs credit data indicating immigration regulatory compliance job credits usable by the first entity, based on the employment of the two or more employees by the first entity to provide the services to the second entity;
a processor, coupled to the network interface, configured to perform operational steps including:
determining an amount of time remaining for each of the two or more of the qualified immigrants to comply with an immigration regulatory requirement; and
generating allocated job credits data by automatically allocating the immigration regulatory compliance job credits in accordance with the job credits data among the two or more of the qualified immigrants so that the immigration regulatory compliance job credits are allocated first to one of the two or more of the qualified immigrants having a least amount of the time remaining to comply with an immigration regulatory requirement; and
using the allocated job credits data to automatically create, via the operational steps performed by the processor, at least a portion of an immigration regulatory compliance report for the two or more employees pursuant to the employment responsibilities of the first entity under the co-employment arrangement; and
a memory configured to store the immigration regulatory compliance report.