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Accounting and financial news
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Your 2013 return may be your last chance for 2 depreciation-related breaks

by Melissa Rager

If you purchased qualifying assets by Dec. 31, 2013, you may be able to take advantage of these depreciation-related breaks on your 2013 tax return: Bonus depreciation. This additional first-year depreciation allowance is, generally, 50%. Among the assets that qualify are new tangible property with a recovery period of 20 years or less and off-the-shelf […]

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The Data Breach Downfall

by Associate

While we are still unsure who is responsible for the execution of one of the largest credit-card thefts that took place this past November against Target Corp., light was finally shed on the financial impact of the data breach on Wednesday, February 25th. The earnings report for the quarter ended February 1st, 2014 revealed a […]

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