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   News Update

 

2008 December Issue 1
In This Issue
--New Year Book Recommendations
--WIPP Give Me 5 Training

          

STIMULATE YOUR ECONOMY!

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Thurs., January 8, 2009
How to Create a Powerful
Capability Statement

Your Capability Statement should be the strongest business development tool in your toolkit. A well done Capability Statement will open doors to great business opportunities. A poorly done Capability Statement will slam the door before you get to square one. Attend this Teleconference at NO COST!
 
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Dear friends,
 
Life's pace is too fast
Our days speeding by
Please accept this moment
As I try
To tell you how grateful I am this year
Perhaps more personal
Than you've heard from me before
But important to share

Because
Without you: my friends, clients, and colleagues
While life would have continued
It would not be so full

Thanks to you and your kindness
My family and I
Have found strength to work though
All the challenges that have come by
And now I'd like to let you know
You can count on us too
As you may go through the same
Because if we there for each other
And step up when called
We'll get through any mess
And come out even stronger.

Perhaps in the coming year
We can change the focus from
"Are you red or blue?"
To one of: we're here for each other
I ask that we find the strength to
make tough decisions
That ultimately
Will benefit a mending country
One we hold so dear

Please reach out to each other,
Join hands, heads and hearts
This spirit of caring will get us though
The challenges of
Poor health
A ravaged economy
War and financial ruin.

It's plain and simple
We have the resources
They are: us
Let's plan to use them wisely
Switch off the greed
Rewire our consuming needs

Can you see it ahead?
A changed for the better life
Maybe un-supersized
And less consumerized
But richer in security
Where we welcome prosperity
And celebrate peace

 
          Gloria Berthold signature

Gloria Berthold Larkin

President, TargetGov

1-866-579-1346 
 
WIPP News

WIPP logo

IRS Issued Proposed Rule Implementing 3% Tax Withholding for Contractor Goods and Services
 
WIPP is a part of the Government Withholding Relief Coalition. The coalition just sent a memo stating that:

Government Withholding Relief Coalition

The IRS has issued their proposed rule implementing the 3% Tax Withholding. It will appear in the Federal Register tomorrow, December 5th. We will discuss this at the meeting on December 16th as well.

http://www.federalregister.gov/OFRUpload/OFRData/2008-28789_PI.pdf
IRS PROPOSES RULES ON WITHHOLDING UNDER TAX CODE SECTION 3402(T)

The Internal Revenue Service Dec. 4 issued proposed rules (REG-158747-06) relating to withholding under tax code Section 3402(t).
IRS said the proposed regulations reflect changes in the law made by the Tax Increase Prevention and Reconciliation Act of 2005 (Pub. L. No. 109-222) that require federal, state, and local government entities to withhold income tax when making payments to persons providing property or services. The proposed regulations provide guidance to assist the government entitiesin complying with Section 3402(t), IRS said.

The regulations, which appeared in the Dec. 5 Federal Register, also provide certain guidance to persons receiving payments for property or services from government entities, IRS said.

 

National Dialogue on Entrepreneurship

Book Recommendations for the New Year. Although a tough economic climate may have forced us to cut back on our  holiday shopping, you can always be open to learning something new! Here are some suggestions for the entrepreneurial bibliophile--for you or your team. All books have been published in the past year and should be found at your regular bookstore or on-line retailer.

The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World
Amar Bhide (Princeton University Press, 2008)

Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Years
Paul Carroll and Chunka Mui (Portfolio Hardcover, 2008)

Closing the Innovation Gap: Reigniting the Spark of Creativity in the Global Economy
Judy Estrin (McGraw-Hill, 2008)

The Race Between Education and Technology
Claudia Goldin and Lawrence Katz(Belknap Press, 2008)

Click here for the entire listing

 
(c) 2008 The Public Forum Institute and the National Dialogue on Entrepreneurship www.publicforuminstitute.org/nde
                                                                        
WIPP Give Me 5 Training
WIPP_giveme5 

 
Give Me 5 Training 101 -Introduction to Federal Procurement and a guide to Central Contractor Registration - An overview of federal procurement and the Central Contractor Registration. Topics to be discussed include the tremendous business opportunity for women business owners to expand their business, particularly during these tough economic times; and CCR Registration, including information you need to register, how to register, and how to build your SBA profile after registration. The teleconference was held on November 12, 2008 and led by the co-chair of WIPP's Procurement Committee, Gloria Larkin, President, TargetGov. Listen to the recorded podcast and download the PowerPoint and CCR Checklist to guide you through the training session.

Give Me 5 Training 102 -What's next after I register on the CCR? - You're on the CCR, what's next? Top level guide on what business owners should be doing after they complete their registration on the Central Contractor Registration. Topics to be discussed include a review of the CCR record, SBA profile, the Small Business Dynamic Search Process, an overview of how the federal government buys products and services, and what are prime and subcontracts and what would be best for your business. The teleconference was held on November 24, 2008, and led by the co-chair of WIPP's Procurement Committee, LaVern Jackson, President, Joint Logistics Managers, Inc. Listen to the recorded podcast and download the PowerPoint and TargetGov's 5 Step Guide to Government Contracting.