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Hi,
Be Prepared. This isn't just a good motto for the Boy Scouts, but a good motto for all of us, whether in our personal or private lives. As attorneys, we strive to help our clients prepare for all that life sends them. The two articles this month are designed to help you be prepared in two important settings: when starting a business and when traveling. Angela Campion's article discusses the types of entities one can select when forming a company. This article is important if you are considering organizing a business and remains important even if you have already organized a business as it may make sense to change the structure. Crystal Fieber's article alerts readers to the need to have a passport to re-enter the United States even from countries for which a passport was not previously required. If you are planning a trip in the future, it is important to make sure you apply for your passport today.
We hope you are all enjoying your summer and that you make the most of the remaining summer days ahead. We look forward to seeing you at our next event in October.
Be inspired!
Kerry E. Dwyer, Esq.
kerry.dwyer@wilaw.com
414.276.5000
Choice of Entity Decisions -- One Size Does
Not Fit All
One of the first hurdles new business owners face is how to organize their business entity. This important decision will impact the business owner's tax liability, administrative obligations, flexibility in ownership and growth, and liability for the debts and obligations of the business. Determining the proper business structure for your company involves the careful consideration of a myriad of factors and selection of the form that best fits the current and proposed future shape of your business.
What You Should Know About the new Passport Requirements
If you are planning to travel to Canada , Mexico , Central America, South America, the Caribbean, or Bermuda anytime in the future, you should be aware of the new passport restrictions.
Beginning January 23, 2007, U.S. citizens traveling by air into the United States from Canada , Mexico , Central America, South America, the Caribbean, and Bermuda must present a passport at the U.S. point of entry.
