Tag Archives: Year

When doing taxes can you deduct home improvement expenses every year or only the year you sell?

Question by Erin: When doing taxes can you deduct home improvement expenses every year or only the year you sell?
I was told that you could deduct home improvement expenses until the year you sold your house. Is this true?

Best answer:

Answer by dustoff
You don’t “deduct” them at all. When you sell, the cost of improvements can be used to adjust your acquisition cost basis – which will decrease any capital gain tax due.

Know better? Leave your own answer in the comments!

Metallix Refining, Inc. Named Pitt County, NC Industry of the Year

Greenville, NC (PRWEB) February 21, 2014

Metallix Refining, Inc. has been selected as Pitt County’s Industry of the Year for 2013-2014. Each year, the Pitt County Development Commission requests nominations from Pitt County citizens to recognize a manufacturer or distributor that best represents the community as a model corporate citizen in specific selection criteria, including social, economic and environmental sustainability.

“It doesn’t seem very long ago that Metallix was a prospect, trying to decide where they would locate,” says Wanda Yuhas, Pitt County Development Commission Executive Director. “We all expected they would be a great addition to our corporate community, and their selection as Industry of the Year proves just how great.”

With over 40 years of experience, Metallix is a leader in the highly competitive precious metals refining industry. Companies that use precious metals such as gold, silver, platinum, palladium, and rhodium in their processes sell their scrap precious metals to Metallix for recycling. Seeking to expand the business, New Jersey-based Metallix purchased an 85,000 square foot, ISO-certified facility on 15 acres in the Greenville Industrial Park. The company began operations on January 2, 2004. With considerably more space, new equipment, and an experienced worforce, Metallix has achieved rapid growth, success and a greater presence in the precious metals recycling industry. In 2010, Metallix began to serve the general public looking to recycle smaller lots of precious metals with the establishment of Metallix Direct Gold, LLC.

The Greenville facility opened with 22 employees, including 10 from New Jersey and 12 local hires. Of the 10 that relocated, 9 still work at the facility and the other has recently retired. Today, the company employs 65, with several job openings currently being advertised and future growth anticipated. The plant operates 24/7 and processes over 3.5 million pounds of materials per year. After 10 years in Greenville, Plant Manager John Santos says that this is his home and where he plans to retire. “This was a very good move for us,” Mr. Santos says. “The community really welcomed us, and we became a part of the community and believe in giving back.”

“Giving back” is a part of the corporate culture of Metallix. The company is a member of the Pitt County Committee of 100, and Mr. Santos serves on the Greenville-Pitt County Chamber of Commerce Board. Metallix is also a supporter of many charitable, scholastic and athletic initiatives. These include the Pitt County Boys and Girls Clubs, Rocking Horse Ranch, the Ronald McDonald House, Pitt County Schools, Women for Women Power of the Purse, and ECU athletics, among many others. “The company and its employees, particularly John Santos, are also among our strongest community boosters,” says Mrs. Yuhas.

Metallix strives to use local talent and services whenever possible. Pitt Community College has been an ongoing partner, providing customized management, sales and process improvement training. Metallix hires biology and chemistry majors from East Carolina University to work in its lab, which, according to Santos, may be expanded in the near future.

Metallix takes great pride in its dedication to environmental health and safety. The company conducted an extensive environmental study of the property before purchasing the facility and continually works to improve its precious metals refining processes. Metallix invests in new equipment and environmental controls to reduce industrial waste and ensure top health and safety standards for its employees, customers, and visitors. These measures include air pollution controls, air handling equipment, filtered ventilation, and fume capturing technology. They also maintain the highest standards of security with state-of-the-art security equipment and full-time security personnel.

Metallix Refining is reducing its carbon footprint and greenhouse gases by installing a new precious metals refining furnace to increase its capacity and provide an air pollution control process that will reduce emissions. A 5,000 square foot expansion of the facility was recently completed to house the new furnace. The new furnace is unique in the industry, and will result in more efficient processing and facilitate more growth for the company.

Metallix Refining wants to be known for being a part of the community and being a family-oriented business. “We are like a big family,” says Mr. Santos. Employee benefits include a generous 401k with company matching, yearly health screenings and physicals, on-site safety training, annual employee appreciation events and no-cost uniforms.

Metallix’ competitive advantage, according to Mr. Santos, is their value. They aim to provide the best price while also maintaining the highest levels of quality service as well as environmentally safe processing. They also strive to provide the highest level of transparency and security, which gains them a high level of trust and loyalty from clients. According to Mr. Santos, “We can’t control the price of gold, but we can control the way we do business.”

“Metallix Refining sets a shining example of good corporate citizenship and we are so pleased that they have made a home for themselves in Pitt County,” says Brad Hufford, Pitt County Development Commission Associate Director, Retention and Expansion. The company was recognized at the annual Existing Industries Reception on February 18, 2014. The reception is sponsored by the Pitt County Development Commission and Greenville Utilities Commission.


About Metallix Refining, Inc.

For more than 40 years, Metallix Refining, Inc. has been a leader and innovator in the precious metals recycling industry. Metallix purchases, recycles, and refines gold, silver, platinum, palladium, and rhodium, serving businesses in a variety of industries around the globe. An ISO 9001:2008 certified company, Metallix ensures that scrap precious metals are processed carefully, and with strict attention to environmental, health and safety regulations. For more information, visit http://www.metallixrefining.com and http://www.metallixdirectgold.com.

Returning for a Fourth Year: Cat Care Society Announces the 2014 Tails of the Painted Cats Artists, Sponsors and Design Concepts

Lakewood, CO (PRWEB) February 20, 2014

Cat Care Society (CCS) has selected the artists and finalized artist sponsorships for the 2014 ‘Tails of the Painted Cats’ lineup of one-of-a-kind, larger-than-life artwork cats. The announcement is made by CCS President Diane Stoner, who says, “Our artists are finishing their painted cats, and on May 8th ‘Tails of the Painted Cats’ will debut at the Lakewood Arts Council Gallery prior to touring throughout the community. The Gala Dinner & Auction is Saturday, July 26th, at Pinehurst Country Club.”

The 2014 ‘Tails of the Painted Cats’ artists, painted cats and sponsors include:

1 Ella Buchholz – Red Hot Ruby – Maggie Holben

2 Jane McFadden Dorsey – Richard Parker – Lynn & Michelle Brevard

3 Pat Lickly – Bastet, Cat Goddess – Harold & Christina Taylor

4 Wendy Luck – Wildflower – Clyde & Barbara Dawson

5 Karen Mahnken – Dandy Lion – Mary Grace Yonts

6 Karen Mahnken & Kyle Hardyway – Purr Lancelot – Ann Waite & CCS Volunteer

7 Betsy Keyser – Purrlock Holmes – Mary Ann Schultz

8 Betsy Keyser – PurrFectly Purple Puss – Richard & Kathy Swanson

9 Kimiko VonWyrd – Thunder and Lightning – Sara Elder and Anastasia Betterton-Fike

10 Kimiko VonWyrd – Cubism Cat – Barbara Kane & Mark P.

11 Jackie McFarland – Garden Variety Cat – Nature’s Way

12 Sheila Bobay McFather – Cleo-Catra – Richard & Kathy Husband

13 Jamie McWhirt – Colorado Cat – Mary Foster & Kay Higgins

14 Carla Pawlewicz – Cat-tails and Dogwood – Diane Stoner & Marggie Dassler

15 Katherine Ross – The Pattern Cats – Mark & Linda Brandon and Sharon Davis

16 Cortnye Rusch – Barn Cat-Owl – Clete Nolde

17 Pam Schmidt – Filigree – Steve Holben

18 Bobbi Shupe – O’ Sole Meow – Gail Tinianow

19 Becky Enabnit Silver – Aspen Cat – Dr. Liz O’Rourke, Animal Urgent Care

20 Kristina Spargo – Cerulean Ming – Marsha Crest, CCS Volunteer & Patron

21 Kristina Spargo – Odonata – Richard & Kathy Swanson

22 Cam Williams – Zentangle Kitty – Karen Gonzalez & Tender Touch Animal Hospital

23 Jane McFadden Dorsey – Edwina Degas – Corporal Reggie Waddle

“This is the fourth year for ‘Tails of the Painted Cats’ and we’re thrilled to again welcome CBS4 Weather Anchor Ed Greene as our Master of Ceremonies and Douglas M. Tisdale, Esq., Mayor of Cherry Hills Village, as our Auctioneer. Marianne Lorenz, Curator & Director of Educational Programs at Foothills Arts Center, served as juror for this year’s project,” Stoner says.

Drawing Kitty: Edwina Degas by Jane McFadden Dorsey

In addition to the Painted Cats being created and auctioned, local artist Jane McFadden Dorsey has again created the project’s official ‘drawing kitty.’ This year it’s Edwina Degas, sponsored by CCS Munchkin Cat Corporal Reggie Waddle. For $ 10.00 per ticket, names are entered in a drawing to take Edwina home. The winner of Edwina Degas will be announced at the July 26th Gala Dinner & Auction.

About Tails of the Painted Cats

Some of the Painted Cats are standing, and some are sitting, but they are all unique, original works of art. You can view the online gallery of the 2014 painted cat designs at: http://youtu.be/uZUVjGRMMbM. Advanced online bidding will be active starting in May. In the interim, event sponsorships for the Gala Dinner & Auction, offering a variety of premium benefits for corporations, are available by contacting Mary Jo Baker, CCS Director of Major and Planned Gifts, at 303-239-9680, ext. 15. For more information, visit: http://www.catcaresociety.org/docs/2014%20TOPC%20Sponsorship%20PackagesTickets.pdf.

About the Cat Care Society

CCS, founded in 1981, is a nonprofit organization established to improve the quality of life for homeless, injured and abused cats in the Denver metropolitan area. The Society’s goals are:

To sponsor educational programs that promote responsible pet ownership, humane treatment of all animals, and the elimination of pet overpopulation;
To shelter cats in a healthy, cage free environment and to find compatible and responsible families for every cat;
To provide community outreach programs that improve the quality of life for cats and people;
To be a friend to all cats.

CCS is supported by a number of loyal members and contributors, without whom the shelter could not operate.  CCS receives no government funding.  In addition, CCS volunteers assist with many fundraising activities each year. For more information, visit http://www.catcaresociety.org.

Denver’s Cat Care Society is also found on these social media sites:

Facebook Page: http://www.facebook.com/CatCareSociety

Facebook Tails of the Painted Cats Page: http://www.facebook.com/TailsofthePaintedCats

Twitter: http://twitter.com/CatCareSociety

Pinterest: http://pinterest.com/catcaresociety


Maggie Chamberlin Holben, APR, Absolutely PR on behalf of the Cat Care Society – http://www.absolutelypr.com – 303-984-9801, maggie(at)absolutelypr(dot)com

Thomas Custom Builders Earns Angie’s List Super Service Award For Second Consecutive Year

Manassas, VA (PRWEB) January 22, 2014

Northern Virginia home remodeling company Thomas Custom Builders has earned the service industry’s coveted Angie’s List Super Service Award, reflecting an exemplary year of service provided to members of the consumer review service in 2013. It is the second year in a row the company has received this award.

“Providing outstanding service to each and every customer is our day-to-day mission, and we won’t settle for anything less,” said Rick Thomas, owner of Thomas Custom Builders. “Our high standards are why our clients are among the most satisfied in the industry. We’re proud to be recognized by the very discerning subscribers of Angie’s List.”

“Only about five percent of Thomas Custom Builders’ competitors within the northern Virginia area are able to earn our Super Service Award,” said Angie’s List Founder Angie Hicks. “It’s a mark of consistently great customer service.”

Angie’s List Super Service Award 2013 winners have met strict eligibility requirements, which include an “A” rating in overall grade, recent grade, and review period grade; the company must be in good standing with Angie’s List, have a fully complete profile, pass a background check and abide by Angie’s List operational guidelines.

Service company ratings are updated daily on Angie’s List. Companies are graded on an A through F scale in areas ranging from price to professionalism to punctuality. Members can find the 2013 Super Service Award logo next to company names in search results on AngiesList.com.

Thomas Custom Builders provides design, building and remodeling services to customers throughout northern Virginia. With combined 70 years’ experience, the contractors specialize in custom home additions and remodeling of bathrooms, kitchens and master suites. Visit the TCB home remodeling website for more information.


Angie’s List helps consumers have happy transactions with local service professionals in more than 720 categories of service, ranging from home improvement to healthcare. More than 2 million paid households use Angie’s List to gain access to local ratings, exclusive discounts, the Angie’s List Magazine and the Angie’s List complaint resolution service.

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