Print Page   |   Contact Us   |   Your Cart   |   Report Abuse   |   Sign In
News & Press: Arizona Business News Updates

The Heartbleed Bug, Tax Burdens on Small Businesses, and Economic Growth Improvements

Tuesday, April 15, 2014   (0 Comments)
Posted by: Arizona Small Business Association
Share |





Heartbleed Bug Causing Headaches

A computer bug called "Heartbleed" is causing major security headaches across the Internet due to its breakdown of a widely used encryption technology called open SSL that is supposed to protect online accounts for a variety of online communications and electronic commerce.

“It’s a major deal because open SSL is everywhere. People say a lot of this is coming from Yahoo and other major companies, but it’s really out there quite a bit. The best thing we can do now is just change passwords and hope that everybody patches their SSL systems.” Greg Nickolson, Asset Technology

Security researchers who uncovered the threat are particularly worried about the lapse because it went undetected for more than two years.


The Real Burden of Tax Season

It isn’t so much the amount of money a majority of small business owners must hand over to Uncle Sam that makes tax day so difficult.

According to a new survey by the National Small Business Association, more than half of small employers now say the administrative burden and paperwork associated with tax season pose the greatest harm to their businesses. On average, small business owners spend more than 40 hours — the equivalent of a full workweek — filing their federal taxes every year. One in four say they spend at least three full weeks on tax preparation.


Economic Growth Continues to Improve

Small businesses borrowed more money in January than they did a year earlier, signaling continued growth in the economy. This despite cold weather in a large part of the country being blamed for an economic slowdown.

The Thomson Reuters/PayNet Small Business Lending Index, which measures the volume of financing to small companies, rose to 117.2 in January, up four percent from a year earlier.



Video production provided by Sequence Media Group
Sequence Media Group combines state of the art video production with extensive new media skills to design powerful, customized broadcast properties.

 


Get $5k-$20 in Free Marketing: Make 2016 Your Year for Success!

In Business Magazine

Use In Business Magazine as a tool to reach your customers for 2016. Through Print, Online, Social Media, Email & Events, you can realize an additional $5k to $20k in free advertising with In Business Magazine over 2016.

LEARN MORE

Small is the New Black

ThinkSmallBiz

What's trending for 2016? Small Business! This year, resolve to support our local economy by "Thinking Small" at least one time each week! Need help finding a small biz? Visit ThinkSmallBizAZ.com! #ThinkSmallBiz

LEARN MORE

Allowing you to concentrate on what's really important.

Low and Johnson Inc.

We understand the insurance needs of locally-owned businesses because we're one, too. As an ASBA member backed by CNA, we're dedicated to helping small businesses like yours safeguard all you've worked so hard to build.

LEARN MORE

RSVP

ASBA 101

REGISTER

Date: Held monthly
Time: Click to check times
Location: Phoenix or Tucson

RSVP

ASBA Speed Networking

REGISTER

Date: Every 2nd Tuesday of the Month
Time: 3:00 PM - 4:30 PM
Location: Phoenix or Tucson

You're important to us and we want to help protect you

Mutual of Omaha

Protecting you and your family through the use of insurance products. Purchase an insurance policy with lower premiums and/or enhanced benefits not available to the general public.

LEARN MORE

Have questions on small business and health insurance?

Health Insurance

Get the latest on individual, sole proprietor, or group plans related to small business. We can help you find the right plan for you, and your employees. Click to learn more!

LEARN MORE

CopperPoint Insurance Companies

CopperPoint Mutual

CopperPoint Insurance is Arizona's premiere provider of workers compensation insurance. We've been providing coverage and advocating for Arizona businesses, small and large, throughout the state since 1925.

LEARN MORE

Association Management Software Powered by YourMembership  ::  Legal