President’s Corner – May 2018

Some people say timing is everything, but I say timing is the only thing!

WIPP President, Candace Waterman @CandaceWaterman

I have spent over 30 years in the business world, as a corporate executive, a business owner and almost 13 years with Women’s Business Enterprise National Council (WBENC) helping women-owned firms get access to growth opportunities through corporate and government procurement.

For over a decade, I have worked with WIPP as a one of our partners. Thus, with the announcement of the WIPP and WBENC Strategic Partnership, the time was right for a new challenge that would harness my expertise, my network of wonderful WBENC partners and constituents, and my passion for leveling the playing field for women in business.  I am honored, and humbled to be stepping into the role of WIPP President this month.

What a future this organization has before it!  The WIPP and WBENC Strategic Partnership is a win, win, win – a win for WBENC, a win for WIPP, and a win for women business owners across our nation.  WIPP’s public policy efforts and federal procurement education programs are to become an important benefit that WBENC’s 14 Regional Partner Organizations will offer to WBEs certified in their regions.  WBENC will be adding the voices of its over 14,000 certified women-owned businesses to WIPP’s national advocacy work in Washington, ensuring that women business owners will continue to be a force to be reckoned with on Capitol Hill.

WIPP has been doing amazing work for decades, yet many women business owners don’t realize the depth and breadth of WIPP’s impact on policy and the entrepreneurship ecosystem.  My first goal as WIPP President will be to raise the brand awareness for WIPP.

We’ll be creating an “Each One, Reach One” campaign, in which every person that has been engaged with WIPP will have the tools to become an ambassador for this great organization by reaching out to at least one woman business owner and bringing them into the WIPP community.  With a refreshed focus and new partnerships, we will work to improve the visibility of this great organization and all its accomplishments through our expanded network of women business owners.  I am committed to make WIPP a household name, ensuring that current or prospective women entrepreneurs know that WIPP is tirelessly working to create an economic and policy climate they need to succeed.

Second, I plan to work with our top-notch policy team to leverage the economic impact of women-owned firms in this country to expand our policy reach.  We will not only continue to take the voice of the Boardroom to the Halls of Congress, but with new partnerships that provide a regional reach and WIPP’s stellar reputation in the policy arena, we will get women business owners engaged in grassroots advocacy in their communities as well.

There are so many policy challenges and opportunities before us on issues like procurement, infrastructure, implementation of tax reform, access to capital, and workforce development.  In my role as WIPP’s President, I will dedicate my full resolve to ensuring that women’s entrepreneurship continues an upward trajectory and business owners, like you, have continued success and growth.

Thank you again for this opportunity and I look forward to meeting you all!

Keep It Simple, Silly

By John Stanford, WIPP Government Relations

 

hc - wippIt’s a favorite phrase of my boss – and WIPP’s Chief Advocate – Ann Sullivan. The idea is nothing new: a simple solution is usually the best. That is why, for years, women business owners used the simplest possible idea for providing health benefits – you (employee) go out and get your own insurance and I (employer) will reimburse you. Simple, right?

They are called Healthcare Reimbursement Arrangements, or HRAs, and bringing them back (for the second time) is one of WIPP’s top healthcare priorities. We are making great progress. The House Ways and Means Committee approved legislation that would allow HRAs to be used for firms with fewer than 50 employees. The House as a whole is expected to vote on the bill next week.

The bill would allow employers to reimburse employees for qualified medical expenses like premiums and out-of-pocket costs. Importantly, employers must offer it to all eligible employees and cannot offer a separate group plan. The reimbursement is capped at around $5,000 for an individual and $10,000 for families and does not count as employee income (meaning no taxes!).

Again, the idea is simple. Employers select an amount to reimburse employees, instead of locking in an insurance plan that may not fit their employees or their budget. But why did we lose HRAs in the first place? That is not so simple.

The Affordable Care Act eliminated caps on health insurance plans—an undoubtedly good thing for when disaster or disease strikes. But, in the opinion of the IRS, these HRAs, by definition, had a cap (however much the employer contributed). So they were outlawed in 2013 or 2014.

2013 or 2014 is a strange way to describe when the IRS banned a certain healthcare plan. But that is what it was – the IRS notices on the issue were so confusing they had to issue additional regulations three times. Policy wonks, insurers, and healthcare consultants were unsure – let alone business owners – about whether they were allowed. And making a mistake on this carries severe penalties; offering a non-conforming plan can trigger a penalty of $100 per day per employee –more than $350,000 a year for a company with 10 employees.

Because of this confusion, WIPP stepped in asking Secretary Burwell to intervene on behalf of women business owners. She did and HRAs were allowed through June 2015. Legislation is needed to bring them back permanently and WIPP is optimistic Democrats and Republicans can work together, as they already have, to get this done. After all, ten million women business owners and their nearly nine million employees are pretty active voters.

It’s pretty simple.

More on how WIPP is working with Congress and the Administration to bring competitively-priced and accessible health options to women business owners is in our blog, Making the Affordable Care Act Work.

 

 

 

 

 

Filing Frenzy: Tax Deadline Strikes Today

tax-day

By: Jake Clabaugh, WIPP Government Relations

Tax Day is upon us and woman business owners have been working overtime. Not on growing their firms, planning investments or making important hiring decisions, but on tax compliance. At least, that’s according the House Small Business Committee, which took a look at the burdensome tax.

Forgetting tax liability – the amount a business owes – the Committee focused on how difficult it is for small businesses to satisfactorily comply with dense tax rules. According to the Small Business Administration (SBA), small businesses spend 5.5 billion hours preparing and filing taxes – time that should be spent growing the business. The costs and complexity of calculating tax provisions makes it difficult for smaller businesses to take advantage of incentives designed to reward investment. As a result, larger businesses that can incur the costs of calculation reap the rewards.

As we’ve heard from WIPP members across the country, tax certainty is a top priority. Clarity on what provisions and incentives will be enacted would provide businesses with the ability to plan ahead, rather than adjust to a changing environment. For the last few years, Congress has passed legislation solely for “tax extenders” – deductions and credits that were set to expire at the end of the previous year, but were extended to cover the current tax year. While many of these credits could provide some relief for small businesses, firms spent the entire year without knowing if these provisions would be available. Hardly an efficient way to have to run your business.

A simpler tax code would reduce compliance time and allow owners to focus on their business – not the latest tax rules. Also, small businesses should be able to take advantage of the same incentives that larger businesses can. WIPP will continue to focus our advocacy on the two guiding principles of simplicity and fairness for women-owned businesses.

Could comprehensive reform – not seen since the 1980’s – be on the horizon? House Ways and Means Committee Chair Kevin Brady (R-TX) announced last week that his Committee is planning to release a tax-reform “blueprint” this summer. Additionally, Members of the House and Senate have stirred over international tax reform in the wake of recent corporate mergers. While the conversations are ongoing, comprehensive tax reform in an election year, with an ardently divided Congress seems, at least in our view, unlikely.

For updates on tax policy and other finance issues, please visit WIPP’s Economy and Tax section and WIPP’s Economic Blueprint.

 

 

April 2016 WIPP National Partner of the Month – Roz Alford

April 2016 WIPP National Partner of the Month

Roz 1

Roz Alford, Founder and Co-Principal of ASAP Solutions Group, LLC – Atlanta, GA

WIPP sat down with Roz to hear a little more about her business and relationship with WIPP…

 

Tell us a little about your company.

I am the founding principal of Asap Solutions Group LLC.  I founded the company in 1989 and together with my business partner Nancy Williams we lead the organization. We are a global company and have offices in Georgia, New Jersey, Texas and India.  We employ over 700 people.

The ASAP family of companies is a multi-faceted business solutions brand.  We leverage decades of experience and knowledge and our exceptional teamwork to enable our clients’ success.  From business consulting services to top-notch talent acquisition within the competitive technology market. We partner with our clients to help them achieve their vision and growth for success. Meaningful technology and business solutions are our home and terrain.

Have you always been an entrepreneur? If not, what inspired you to take the leap? 

Yes. I have always been an entrepreneur.

What is your biggest lesson learned working with the Federal Government?

Patience, patience, patience.  Know your facts.

Tell us about your experience as a WIPP member? What resources/value has WIPP provided that has been helpful to you and your company? 

I have been a member and supporter of WIPP for over twenty years. I have always believed that women business owners have a huge impact on our government policies and through WIPP our voice can be heard and make a difference in giving women business owners the opportunity to work and grow in the federal contracting space.

Click here to read Roz’s full bio.

Join WIPP’s Chief Advocate Ann Sullivan for an Insider’s Look at the Presidential Candidates

AnnSullivan new
Will a new President change how Washington works?  Join me Thursday for an insider’s look at the Presidential candidates and their ability to work with a new Congress and the business community.  Not only will this year’s election decide the Presidency, but control of the Senate is also in play.
Join me on March 24th at 2PM for an analysis of the upcoming elections and how you as women business owners can weigh in on issues that matter most to your business and the future through WE Decide 2016.
And don’t forget to join We Decide 2016 before the webinar – together, we will make a difference.
See you on Thursday!
Ann Sullivan
Chief Advocate for Women Impacting Public Policy
Click here to join WE Decide2016.
Click here to register for Thursday’s webinar.

Business Issues Highlighted in WE Decide 2016

By: Ann Sullivan, WIPP’s Chief Advocate

WE-Decide-2016_editedIs it just me or are the candidates ignoring economic issues that are business women’s bread and butter? The election so far has largely centered on social issues and impossible promises such as free college. What about taxes, healthcare costs, employee issues, access to capital and access to markets? And what about a positive message? Business owners are optimists – if they didn’t believe America was great, they wouldn’t take the risk of investing in a business. Someone out there thinks America is still the land of opportunity—to the tune of 10 million women business owners.

In all my years of working with Congress and Administrations, Republican or Democrat, WIPP has always taken the view that women who are business owners are influencers in their communities and a trusted source of information. Their focus is on results, sensible regulations and an investment in small businesses. Therefore, they have the obligation and privilege to make a difference in elections and policy platforms.

Hence, the launch of WE Decide 2016, a collaboration with Personal BlackBox (PBB). WIPP has provided a platform for women entrepreneurs to have their voices heard during the 2016 elections. WE Decide 2016 engages women business owners and women entrepreneurs to focus our message. The opinions shared through this initiative will culminate in a policy platform, which will be shared with the candidates at both national conventions.

WE Decide 2016 utilizes an interactive online platform to conduct polling and outreach to women business owners on the issues that affect our lives and businesses everyday. Through quick polls and issue surveys, we will be able to ascertain women business owners’ views in a timely manner and we will share the results with the media.

What makes WE Decide 2016 different from all the other avenues to share your opinion? Thanks to our partner, Personal BlackBox, WE Decide 2016 gives women control of their personal data and a safe place to express opinions privately with peers. Unlike current Presidential polls run by CNN, the DNC and RNC and even Facebook, the information you share with WE Decide 2016 will never be sold to anyone.

So, let’s get started. First step: go to WE Decide 2016 and register. We need an initial number of 1000 registrants to do credible polls. Step Two: ask all of your friends and networks to join the effort. Since we are 10 million strong and an economic force, women business owners are in a unique position to shape the conversation around issues and approaches that resonate with us.

Act now. Our businesses and our future depend on it.

ChallengeHER Recognized in Budget Proposal

CH-LogoBudgets are usually just about the numbers, but, every so often, they take respite from tables, spreadsheets, and account balances to acknowledge successful partnerships. Anyone taking a look at the President’s budget, released on February 9, found out who is working on behalf of women business owners when the Small Business Administration (SBA) highlighted the success of WIPP’s ChallengeHER initiative at bringing women-owned businesses into the federal marketplace. Having SBA acknowledge WIPP’s efforts demonstrates just how strong WIPP advocates have been.

Securing a contract with the federal government can double the revenue for a women-owned business and the ChallengeHER program has been providing education to women business owners on how to do just that. In 2013, WIPP partnered with American Express OPEN and SBA to offer events, workshops with access to an online curriculum, and mentoring opportunities that provide women entrepreneurs with knowledge and connections to help them successfully compete for federal contracts.

This year, WIPP is planning 18 ChallengeHER events across the country. For more information and to find the ChallengeHER event closest to you, please visit WIPP’s ChallengeHER site.

WIPP Works in Washington: Primary Thoughts on the 2016 Election

AnnSullivan new

By Ann Sullivan, WIPP Government Relations

Does anyone else think the 2016 Presidential election has been going for ages?  It sure seems like that to me, but admittedly, it has been one of the most entertaining primaries in recent history.  The 24-hour news cycle has kept us up to the minute with every speech, gaff, or barb traded by the candidates. We’ve seen our fair share of debates, roundtables and town halls while watching almost daily polls track the candidates as their support rises and falls. Luckily, today is when the rubber meets the road – at least in Iowa – where Iowans will caucus for their primary candidates. As the 2016 Presidential election ramps up, so too will WIPP’s advocacy efforts. Why? Because we are not cynical about democracy and the process necessary to achieve it. We believe engagement is the mechanism by which to change the trajectory of our country’s future.

WIPP has made addressing the needs of women entrepreneurs a top priority for elected officials and our advocacy has resulted in successes for women business owners. Just look to 2015 for proof that women business owners have a seat at the table. We worked for implementation of sole source authority for the Women-Owned Small Business (WOSB) Procurement Program– a tremendous step forward for women-owned businesses seeking to win federal contracts.  The Senate Small Business Committee passed the first reauthorization for the Women’s Business Center (WBC) program in nearly a decade, which provides important business support to women entrepreneurs. These are just two of the many policy victories for women entrepreneurs last year.

To ensure that we keep up that momentum and women entrepreneurs remain a top priority for our elected officials, WIPP has launched WE Decide 2016. This collaboration with Personal BlackBox (PBB) will engage women entrepreneurs seeking to affect the issues candidates discuss throughout the 2016 Election.  Ten million woman business owners, if active, are in a position to influence the direction of economic policy positions.  According to the National Women’s Business Council (NWBC), women-owned businesses are an economic force, contributing nearly $1.6 trillion to the annually to the US economy. The WE Decide 2016 platform seeks to engage all women business owners and associations whose members are women entrepreneurs, not just WIPP members. When women come together to share their views about the future of this country, they don’t need to be caucusing in Iowa or attending town halls in New Hampshire.  The platform will be polling women business owners on economic issues, such as access to capital, access to federal markets, tax policy and providing healthcare to employees, to mention a few topics that affect us daily.

As the primary results come in and we move on to the New Hampshire primary next week and the South Carolina primary on February 20, know that through WE Decide 2016, we have a unique opportunity to engage the voices of ten million women business owners. We certainly don’t need to agree on every issue, but I, for one, think women business owners may not necessarily possess the same views on issues that the national polls indicate.  So, lean in and let’s see the results of our engagement.  I can’t wait to see the impact all of us together can have in November.

 

 

New Platform Gives Women in Business A New Voice in the 2016 Election

WE-Decide-2016_Landscape_edited

Women Impacting Public Policy and Personal BlackBox Collaborate to Launch WE Decide 2016 to Give Women in Business a New Voice in the 2016 Election

 Women Impacting Public Policy (WIPP) is excited to announce the launch of WE Decide 2016, a new initiative in collaboration with our partner Personal BlackBox (PBB) which aims to engage women in business in the 2016 election. WE Decide 2016 provides women with an opportunity to privately share their opinions via an array of polls, issues surveys, and discussion questions on the issues that matter most to them, their families and their businesses through our unique online platform.

With female presidential contenders from both the Democrat and Republican parties, the 2016 election is shaping up to be another historic battle in pessimism vs. optimism. According to a national online survey of women in business, three-fourths (75%) of the respondents are dissatisfied with the job that Congress is doing to address issues that are impacting women and women business owners, yet 63 percent are hopeful for the future of our country. However, nearly half (48%) of respondents feel that if a male president is elected, they will not receive the same access to economic opportunities and climate for success as they would if a female president were elected.

WE Decide 2016, in partnership with leading business organizations, aims to educate the candidates, the media and voters on the concerns of women entrepreneurs. Our goal to galvanize more than 100,000 women to take part in the WE Decide 2016 platform to voice their needs, opinions and ideas. We need your help to reach this goal!

Women in business, like you, can visit the WE Decide 2016 website – www.WEDecide2016.org – to unlock your personal polling station and confidentially take quick polls on hot topics from the campaign trail, respond to in depth issue surveys, and participate in our “Tell Us!” section to express your unique perspective on the challenges you face. Participants control their personal data and unlike other polling and survey sites, the information you share with WE Decide 2016 will never be sold to anyone. With the anonymous polling data, WE Decide 2016 will take collective wants, needs and opinions directly to the candidates to influence future policies.

WE Decide 2016 participants can also learn about breaking election news, where the candidates stand on economic issues and get advice on how women can get involved in the political process and become an advocate for the issues impacting their businesses. The WE Decide 2016 Profiles highlight the personal story behind the issues, allowing visitors to hear directly from women in business.

Don’t forget to join us on social media! You can share the results of WE Decide 2016 surveys with candidates and spread the word to your network by utilizing the hashtag #WEDecide2016. Also, follow us on Facebook and Twitter.

Leveraging insight, secure poll data and user comments, WE Decide 2016 will publish a Women in Business Policy Priorities report prior to the national conventions to encourage political parties and their candidates to prioritize and discuss issues of significance to women entrepreneurs. Make sure your voice is included by participating in WE Decide 2016 today and signing up to receive alerts on new polls and engagement opportunities.

Together. WE Decide 2016.  To learn more and engage in WE Decide 2016, visit wedecide2016.org.

Did You Really Mean That FCC?

 

This week, the House Energy and Commerce Committee held a hearing on a bill, HR 2666, which would prevent the FCC from regulating broadband rates. In fact, the FCC’s Chairman Tom Wheeler is quoted as saying “Let me be clear, the FCC will not impose ‘utility style’ regulation…” when
issuing the Commission’s decision to subject broadband service providers to regulations that govern telecommunications services – Title II of the Communications Act.

 

That begs the question, why pass a bill that reiterates what the Chairman promised? There are a couple of reasons why. First, FCC Commissioners do not have permanent appointments—they arinternet.jpge appointed by the President and serve five-year terms. While we doubt anyone questions Chairman Wheeler’s integrity, the next set of Commissioners may not hold the same view. Second, regulating rates in utility- style fashion does not really fit the fast moving technological changes that come with the industry providing internet services. Third, talk about a damper on investment – subjecting broadband networks to the government’s slow ratemaking process would surely have a negative effect.

 

As we understand this issue, no one is purporting to restrict the FCC’s ability to protect the consumer with respect to broadband access or technology companies who rely on an open internet to conduct business. Women-owned businesses have much to lose if the government does not properly balance internet access with regulation.

 

We are keenly aware that according to the SBA Office of Advocacy, “Small businesses, defined as firms employing fewer than 20 employees, bear the largest burden of federal regulations. As of 2008, small businesses face an annual regulatory cost of $10,585 per employee, which is 36 percent higher than the regulatory cost facing large firms (defined as firms with 500 or more employees).” Small businesses are usually the losers when it comes to more regulation.

 

The Congress ought to pass this bill. Broadband access is a critical lifeline to all businesses. Business certainty resonates throughout our economy—especially small companies. Putting the FCC intent into law with respect to broadband rate regulation is a good idea.