Phila. exporter accused of bribing Vietnamese officials
A Philadelphia export company and four of its employees were indicted Friday on charges of paying bribes to foreign officials, federal prosecutors said. <p><a href="http://feeds.bizjournals.com/~a/bizj_philadelphia?a=ZxGP9r"><img src="http://feeds.bizjournals.com/~a/bizj_philadelphia?i=ZxGP9r" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.bizjournals.com/~f/bizj_philadelphia?a=GNfNL"><img src="http://feeds.bizjournals.com/~f/bizj_philadelphia?i=GNfNL" border="0"></img></a> <a href="http://feeds.bizjournals.com/~f/bizj_philadelphia?a=4egxl"><img src="http://feeds.bizjournals.com/~f/bizj_philadelphia?i=4egxl" border="0"></img></a> <a href="http://feeds.bizjournals.com/~f/bizj_philadelphia?a=R9I3l"><img src="http://feeds.bizjournals.com/~f/bizj_philadelphia?i=R9I3l" border="0"></img></a> <a href="http://feeds.bizjournals.com/~f/bizj_philadelphia?a=4cXlL"><img src="http://feeds.bizjournals.com/~f/bizj_philadelphia?i=4cXlL" border="0"></img></a> </div>
Susquehanna Bank changes structure
Susquehanna Bancshares Inc. said Friday that it will consolidate its three Susquehanna Bank subsidiaries into one unit to improve efficiency and save money. (SUSQ) <p><a href="http://feeds.bizjournals.com/~a/bizj_philadelphia?a=oQklcl"><img src="http://feeds.bizjournals.com/~a/bizj_philadelphia?i=oQklcl" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.bizjournals.com/~f/bizj_philadelphia?a=RocnL"><img src="http://feeds.bizjournals.com/~f/bizj_philadelphia?i=RocnL" border="0"></img></a> <a href="http://feeds.bizjournals.com/~f/bizj_philadelphia?a=czyjl"><img src="http://feeds.bizjournals.com/~f/bizj_philadelphia?i=czyjl" border="0"></img></a> <a href="http://feeds.bizjournals.com/~f/bizj_philadelphia?a=e1JBl"><img src="http://feeds.bizjournals.com/~f/bizj_philadelphia?i=e1JBl" border="0"></img></a> <a href="http://feeds.bizjournals.com/~f/bizj_philadelphia?a=lyjSL"><img src="http://feeds.bizjournals.com/~f/bizj_philadelphia?i=lyjSL" border="0"></img></a> </div>


Home repairs include repainting or decorating, fixing leaks or breakages, repairing cabinets and replacing fixtures that no longer function.

Generally expenditure on home repairs cannot be used to obtain a tax benefit. However, there is a possibility that you could incorporate your repairs into a home improvement project and still gain a financial advantage. If you were undertaking a large remodeling task, you would be doing a lot to improve your property and increasing the value, and if you were doing some repairs as part of this project, expenditure for the whole task could be tax deductible. In other words, next time you plan to add an extra room to your home, be sure to fix the leaky roof at the same time!

If you require refinancing to pay for your home improvements, you may be advised to wait for a drop in interest rates. If you obtain refinance and use the capital for home improvements, you will be able to deduct the loan points in that same financial year. If you choose not to use the capital to pay for home improvements, the points will be deducted over the term of the loan. If you use only a portion of the loan for home improvements, then your possible deduction is also proportional. The rest of the points will be deducted during the term of the loan. Any points not deducted by the final payoff date of the loan will be cent per cent deductible in that year.

Before you start work on your home, you really need to understand the various distinctions that allow or disallow tax deduction. You can then make a decision whether it would be financially prudent to expand your project beyond simple repairs to increase the value of your property and ensure your expenditure is tax deductible.

Article Source: http://www.article-matrix.com

Concentrating on information about cabinets, Peter J. Wilson published mostly for www.kitchen-cabinets-tips.com . You find more of his articles on kitchen remodeling on his site.

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