The Small Biz Breakdown crew is back this week with more fascinating discussions on some of the hottest topics in small business. Our panel talks about the latest model release from OpenAI, ChatGPT-4.5, and they’re always open to talking about how AI is taking over more aspects of our lives. The crew also talks about…
OpenAI has introduced GPT-4.5, a research preview of its latest and most advanced AI model, which is now available to ChatGPT Pro users and developers worldwide. The model represents “a step forward in scaling up pre-training and post-training,” according to OpenAI. GPT-4.5 advances OpenAI’s approach to AI development by focusing on unsupervised learning, a technique…
The National Small Business Association (NSBA) released its 2025 Small Business Taxation Survey, highlighting the challenges small businesses face due to federal tax laws. The report underscores concerns about the expiration of the 2017 Tax Cuts and Jobs Act, which many small businesses fear will result in significant tax increases. According to the survey, 83%…
Community Bank & Trust has launched a Refund Anticipation Loan for the Sick Leave and Family Leave (SLFL) tax credit, also known as the Self-Employed Tax Credit (SETC), providing immediate financial relief to self-employed individuals. The loan offers an advance on tax refunds, allowing gig workers, independent contractors, and sole proprietors to access their funds…
Operation HOPE, a national nonprofit dedicated to entrepreneurship and financial literacy, has announced a partnership with SCORE, the largest network of volunteer business mentors in the U.S. The collaboration aims to expand mentorship and resources for small businesses and underrepresented entrepreneurs across the country. SCORE, a volunteer organization with more than 10,000 mentors, has provided…
The Internal Revenue Service (IRS) has issued a reminder to farmers and fishers who opted out of making estimated tax payments in January that they must file their 2024 federal income tax return and pay any taxes due by March 3, 2025. The usual March 1 deadline has been extended to the next business day…
Microsoft has announced it will retire Skype in May 2025, shifting its focus to Microsoft Teams (free) as its primary communication platform. The move is aimed at streamlining Microsoft’s consumer communication offerings and consolidating users onto a single collaboration hub. Transitioning to Microsoft Teams Microsoft stated that Skype users will have the option to migrate…
ASUS has introduced the ExpertBook B5 (B5405/B5605), a lightweight business laptop powered by AI-enhanced Intel Core Ultra processors, enterprise-grade security, and customizable configurations designed for professional use. The AI-powered business laptop features ASUS AI ExpertMeet, an on-device AI assistant, and ASUS ExpertGuardian, a security suite providing multi-factor authentication and firmware protection. AI-Powered Performance and Productivity…
Apple has announced a $500 billion investment in the United States over the next four years, marking its largest-ever financial commitment. The company’s plan includes a new manufacturing facility in Texas, doubling its U.S. Advanced Manufacturing Fund, expanding research and development, and accelerating investments in AI and silicon engineering. Apple’s investment will support new facilities…
Small and medium-sized businesses are often vulnerable to cyber attacks owing to limited infrastructure. For instance, they use free cybersecurity solutions due to financial constraints or are less prepared to respond to a cyber incident. This often leaves them prone to several attacks that advanced solutions may catch. No wonder, nearly half of the cyber…
