Print Page   |   Your Cart   |   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.

 


Affordable Dental Plans for ASBA Members

Delta Dental of Arizona

2 employees? No problem! We’ve got a dental plan to meet your needs & budget. Click to learn more!

LEARN MORE

Receive payments. On your terms.

Enterprise Bank & Trust

You can protect your cash from extended payment terms. In our recent survey completed by privately held business owners and leaders, nearly two-thirds of participants are impacted by extended payment terms. 

LEARN MORE

2018 Small Business Boost Winner!

PV Barbers

At PV Barbers, we are dedicated to providing the best value for everyone in the Phoenix area looking for a haircut. We do this by providing high quality barbershop services for men and boys in a warm friendly atmosphere.

LEARN MORE

RSVP

Experience ASBA

REGISTER

Date: Held monthly
Time: Click for times based on location
Location: Phoenix or Tucson

RSVP

ASBA Speed Networking

REGISTER

Date: Held monthly
Time: Click for times based on location
Location: Phoenix or Tucson

Have Questions on Health Insurance?

Health Insurance

Do you have questions on plans for Individual, sole proprietor, or group? We can get the answers needed to make sure you find the right plan for you and your employees.

LEARN MORE

CopperPoint...at work for you

CopperPoint

CopperPoint delivers peace of mind to Arizona employers and their employees. We are the state's premier provider of workers compensation insurance, serving Arizona businesses, small and large, since 1925.

LEARN MORE

Speakers Form

Speakers Form

ASBA is on the cutting-edge of what is happening right now in the business community. We are looking for dynamic speakers to present inspiring and relevant content at future events. If you or someone you know is experienced capturing a crowd and delivering insightful information on sales, marketing, HR, finances, or other topics we invite you to share your knowledge and apply today. We are your partner in business.

APPLY TODAY

Association Management Software Powered by YourMembership  ::  Legal