Homeowners gain peace-of-mind in knowing that their homes are making the very best use of sustainable, eco-friendly building materials and eco-conscious building practices. In many instances, cities and state governments have implemented new regulations that offer tax incentives and credits for homeowners who have their new homes or additions LEED certified. Comparatively, contractors and installers who earn credits for using eco-friendly and sustainable
These three also were tops for deck railing, with first in all categories. The following is a roundup of some notable new products coming your way in 2018: Deckorators' new Fastendry claims to combine weatherproofing and fastening into one solution. Fastendry is designed to fit into the slotted edges of Deckorators composite decking to provide a watertight seal that prevents rain, melting snow, and debris from passing through the spaces between boards,
See how this outdoor space incorporates different areas for entertaining including a deck with a pergola and dining furniture. See the Outdoor Space. The cost of a professionally built pressured-treated wood deck starts at about $15 per square foot, including materials. The cost for an elaborately built deck using costly hardwoods or composite materials can run about $35 per square foot. As with any remodeling or building project, it's best to get several estimates and to discuss your
And the “condition,” be it poor, fair, good or excellent, factors into the assessed value of your home and therefore your tax bill. A tax assessor can find out about a kitchen to increase the value — and the taxes. Florida is among the exceptions: Any improvement made to help take care of a dependent doesn't increase a home's property taxes there, Sepp explained. 6. A shed or deck. Even improvements to the outside such as sheds and decks add value to your home.
looks at the taxpayer's income and assets to determine the taxpayer's ability to pay. If you owe back taxes and are worried your passport could be revoked because of unpaid taxes, please contact the office. Go to top
A slew of updates from the IRS and major tax reform passed by Congress could significantly alter your situation for the 2018 tax year. The IRS unveils its changes each year, including cost-of-living adjustments for retirement savings and inflation changes for certain tax provisions. Those updates, coupled with new rules passed by Congress through the tax Cuts and Jobs Act, could result in a big difference in how much you owe. Here are some of the most prominent
1. The standard $6,350 deduction. Some of the best news from the tax reform law is an increase in the standard deduction. While single taxpayers are only eligible for a $6,350 standard deduction this year, that amount will nearly double in 2018 to $12,000 for individuals. Married couples will get a standard deduction of $24,000 for 2018, up from $13,000 for 2017. And head of household filers will see a bump in their standard deduction from $9,550 to $18,000 in 2018.
tax reform . . . . Everywhere you go . . . Move over Rudolph (with your nose so bright). The star of last Christmas season was Donald Trump and his tax reform plan, which was enacted into law while we were decking the halls and donning our gay The scaleback rule (which reduces the effectiveness of the foreign earned income exclusion for a self-employed person with gross income over $100k); and; If you have a business where “capital is a material income producing factor” (e.g.,
This year, if you want to boost your tax savings beyond the new standard deduction, consider giving away some of your wealth. The tax Cuts and Jobs Act went into effect on Monday, bringing with it a slate of changes to the code. Those include an increase to the standard deduction (which nearly doubles to $12,000 for singles and $24,000 for married couples who file jointly), as well as the elimination of personal exemptions. About 49 million taxpayers, or 28 percent,
HomeAdvisor's Deck Construction Cost Guide lists prices associated with building a deck including labor and materials, as reported by HomeAdvisor customers. taxes & Insurance. A deck is an addition to your house. This means it will add to your property value and property taxes. How much it adds depends on the total cost. The best time to look into this is during the planning stage. Check with your local assessor's office to avoid any unpleasant surprises. You also don't want any
The new tax law made some sweeping changes in terms of personal and dependent exemptions and enhancements to the child tax credit. As you're gearing up for tax season though, keep in mind that the changes as a result of tax reform largely go into effect next year, when you're filing your 2018 tax return in 2019. "This year, filing is business as usual," says tax attorney and certified financial planner Rebecca Walser. "It's next year that will be really different.".
Top decking Products for 2018. Faster, more efficient install are possible with these new decking and railing products. By PROSALES Staff. Duralife Step-Clip. For a product that's not supposed to move, decks sure are growing. Metrostudy, the expert Available in three different colors, Green Bay decking says its product has the lowest moisture absorption of any composite decking material and the highest stability in extreme freeze/thaw cycles. The firm says OPTIMA
Table Of Contents. Wood Deck Costs; Types Of Wood; Deck Size; Additional Deck Features; Considerations Before Building A Deck; Wood Deck Maintenance; Wood Deck Repair; taxes & Insurance; DIY Or Hire A Pro? Find A Wood Deck Contractor . Homeowners should note that while building a deck is not cheap, it's one of the best home improvement projects to add value to a home and yield high returns over time. Homeowners who do not plan on selling their