30 Facts You May Not Know About Rachel Sapoznik

Chief executive officers and presidents are the backbones of their company and many times we only get to see one side of them. When it comes to our CEO and president Rachel Sapoznik, this is not the case – here are 30 facts you may not know about Rachel to round off Sapoznik’s 30-year anniversary.


  1. What is your favorite talent?
    • I love being the family photographer and capturing all that we do together. A fun fact, I was the high school yearbook photographer.
  2. Tell us a fun fact about yourself

    • For better or worse, I love to sing – I have terrible voice

  3. Who would play you in a movie of your life?
    • Jennifer Lopez because she can carry it all
  4. What is your favorite movie?
    • Selina
  5. What job would you be terrible at?
    • Anything that has to do with painting
  6. Shark diving, bungee jumping, or skydiving?
    • None
  7. What is something you’ve always wanted to try but have been too scared to?
    • Skydiving
  8. Who inspires you? Who do you aspire to be like?
    • Norman Braman, George Feldenkreis, My Aunt Juliette
  9. What was the last book you read without skipping through anything?
    • Lead Without a Title Robin Sharma
  10. What kind of phone was your first cell phone?
    • Carphone and then Nextel walkie-talkie
  11. If you could trade lives with one person for an entire day who would it be and why?
    • Donald Trump, I would like to know what it is going on in this country and how it feels to go from a business person to a politician
  12. Gin, vodka, or tequila?
    • Tequila
  13. Do you have a sweet tooth or a savory tooth?
    • Savory
  14. What is your favorite food to eat?
    • Filet Mignon
  15. What is your guilty pleasure?
    • Popcorn
  16. What accomplishments are you most proud of?
    • My children, and building a business from my home
  17. Tell me about the best vacation you’ve ever taken.
    • I loved going on Mediterranean cruises with my children and parents. It was such a great way to see the world.
  18. Where is your favorite place to go on a weekday afternoon when you have no plans or obligations?
    • Spa
  19. What is one of the weirdest things you used to do as a teenager?
    • I am not sure if it is weird, but I use to love imitating Donny Osmond
  20. What drives you to do what you do?
    • I love helping people
  21. What did you love most about the place you grew up?
    • It just always felt like home, I felt comfortable, I loved having family all around so much so that my office is down the street from where I grew up and two of my kids live in the neighborhood now.
  22. What trajectory are you hoping to push yourself onto? Where do you want to head?
    • I love what I do both professionally and personally. I want to continue to mentor young women and to teach them that with hard work you can do what you love and be there for your family. No one said it was easy, but it is possible.
  23. Who was someone you looked up to when you were little — someone you considered to be a mentor?
    • My dad
  24. Favorite song?
    • Anything by Donna Summer, except for She Works Hard for the Money.
  25. What is your go-to karaoke song?
    • Don’t Stop Believing by Journey
  26. If you could have dinner with anyone dead or alive, who would it be?
    • Golda Meir
  27. What is something people do not know about you?
    • I love to dance, I love going to the playground and playing with my grandchildren and being a kid again.
  28. When you’re having a bad day, what do you do to make yourself feel better?
    • I either visit my grandchildren and let loose or blow dry my hair.
  29. What do you think is the greatest invention of all time?
    • Electricity
  30. What are you looking forward to most in 2018?
    • Seeing the company continue to grow and to continue the journey of balance in my life.

House and Senate Pass Tax Cuts and Jobs Act

On Dec. 20, 2017, the tax reform bill, called the Tax Cuts and Jobs Act, passed both the U.S. Senate and the U.S. House of Representatives. The bill is now expected to be signed into law by President Trump by the end of the day.

This tax reform bill, drafted based on a tax reform plan that was developed in consultation with the Trump administration, will make significant changes to the federal tax code. Specifically, the tax reform bill will have a substantial impact on businesses.

For example, it:

  • Lowers the corporate tax rate—Beginning in 2018, the bill reduces the corporate tax rate to 21 percent (down from 35 percent) and eliminates the corporate Alternative Minimum Tax (AMT), in an effort to make American corporations more competitive globally.
  • Creates a new tax deduction for small businesses—The bill establishes a new 20 percent tax deduction for all businesses conducted as sole proprietorships, partnerships, LLCs and S corporations.
  • Allows “expensing” of capital investments—The bill allows businesses to immediately write off (or “expense”) the cost of new investments for at least five years.
  • Repeals or restrict many existing business deductions and credits—Because the bill substantially reduces the tax rate for all businesses, it also eliminates the existing domestic production (Section 199) deduction, and repeals or restricts numerous other special exclusions and deductions (including those for employer-provided transportation and commuting benefits). However, the bill explicitly preserves business credits related to research and development and low-income housing, as well as deductions or exclusions for employer-provided dependent care assistance programs (DCAPs), education assistance programs and adoption assistance programs.
  • Ends “offshoring” incentives—The bill ends the incentive to offshore jobs and keep foreign profits overseas by exempting them when they are repatriated to the United States. It imposes a one-time, low tax rate on wealth that has already accumulated overseas so there is no tax incentive to keep the money offshore.
  • Repeals the individual mandate tax penalty imposed under the Affordable Care Act (ACA), effective in 2019.

However, the tax reform bill does not affect the following tax provisions:

  • Tax treatment of employer-sponsored health plans; and
  • The ACA’s Cadillac tax on high-cost employer-sponsored health coverage.

Sapoznik Insurance will continue to monitor the tax reform process for any future updates.

Rachel Sapoznik, Founder, CEO & President of Sapoznik Insurance, Wins 2017 Silver Stevie® Award for Women in Business

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