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July 28, 2004

NASE Launches Online Women’s Action Center

With the influx of women entering the ranks of entrepreneurship in recent years, the nation’s leading resource association for micro-business owners launched a new section of their comprehensive Web site, focused on this emergent sector of the small business community. The NASE recently unveiled http://Women.NASE.org as a source of targeted business articles and expert advice for start-ups and growing enterprises.

“Like many business owners, women entrepreneurs are seeking the support and networking opportunities afforded by joining professional and benefits associations,” said NASE President Robert Hughes. “While the NASE welcomes all micro-business owners to join the association, this Web site shows our existing and potential female members that the NASE takes their concerns and the needs of their businesses seriously. Add that to the NASE's 23 years of experience and the collaborative purchasing power of 250,000 members for benefits discounts, and the advantage of membership in the NASE is clear.”

There are an estimated 10.6 million privately-held businesses in which women own a 50 percent or more stake, accounting for nearly half of all privately-held firms in the country. Growing at twice the rate of all U.S. firms, women-owned businesses generate $2.46 trillion in sales annually and employ 19.1 million people nationwide.

Women.NASE.org targets the needs of this ambitious group of women, with unique features geared toward the female business owner. Developed with the input of current NASE Members, including the association’s Women’s Advisory Council, the new site includes an opportunity to learn about fellow entrepreneurs, see how they have tackled new business experiences, and read the seasoned advice of NASE consultants and Members. It also includes exclusive resource articles on accounting and investing issues faced by entrepreneurs, advocacy updates, and highlights of NASE benefits.

By incorporating a new theme each month, the site’s content will stay fresh and up-to-date. The first month’s articles focus on a big concern of women entrepreneurs, whether they are just starting out or have been in business for years: finding a balance for all the roles they play in their business and personal lives.

Visit http://Women.NASE.org for more information.


New Health Care Tax Credit Legislation Introduced

New legislation introduced in the House of Representatives last week would provide tax credits for uninsured individuals and families that purchase health insurance, allowing the opportunity to purchase coverage with pre-tax dollars, a benefit that is already available to workers who are covered under policies provided by employers. The Health Credits Act of 2004 (H.R. 4886), introduced by representatives J.D. Hayworth (R-AZ) and Collin Peterson (D-MN), would allow for a tax credit up to a maximum $1,000 for individuals and $3,000 for a family of four to help low and moderate income Americans purchase health coverage.

“With over 60 percent of America’s uninsured being small business owners and their families or the employees of a small business, the NASE is pleased to announce it support of the Health Credits Act of 2004,” said Kristie Darien, NASE Director of Government Affairs. “While the NASE strongly believes that there is not one simple solution to our nation’s current health care crisis, we feel this bill is an important step to assisting the uninsured in our nation.”

For more information on the legislation the NASE supports to provide access to affordable health coverage for micro-businesses, visit http://advoacy.nase.org.

For more information on H.R. 4886, visit:
http://thomas.loc.gov/cgi-bin/bdquery/z?d108:HR04886:@@@L&summ2=m&
 


Update: Increased Equipment Expensing Extended

As reported in last week’s Washington Watch, the House of Representatives considered H.R. 4840, a measure that would extend the existing $100,000 deduction for equipment purchases through 2007. The bill passed on Wednesday, and now heads to the Senate chamber for consideration. Send a letter to your Senators at http://advocacy.nase.org.

For more information on H.R. 4840, visit:
http://thomas.loc.gov/cgi-bin/bdquery/z?d108:HR04840:@@@L&summ2=m&


House and Senate in Recess

The House and Senate adjourned last week for a six-week summer recess, when they will return to their districts for constituent work and vacation. Washington Watch will be on hiatus during this recess, but will alert you of any pressing small business issues. As always, you can stay up to date on the NASE advocacy efforts at http://advocacy.nase.org.

 



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