When it comes to handsome actors, Safe House star Ryan Reynolds and The Vow star Channing Tatum are always near the top of the list. And this weekend, they're serving up a double dose of sexy, as both of their new films hit the big screen on Feb. 10. (Just in time for Valentine's Day!)
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While the $500 cap is uninspiring, the good news is the credit covers a broad range of energy-saving expenditures for your principal U.S. residence, and there are no income limits. However improvements made to vacation homes and foreign residences are not eligible.
You may remember that the 2010 version of this credit was much more generous. It equaled 30 percent of qualified expenditures ? subject to a $1,500 cap. The current version with the $500 cap is scheduled to expire at year end. Because it is doubtful that the credit will be extended, you may need to take action this year to benefit.
Here are more details on the $500 credit.
Claiming the Credit for Improvement Costs
For the following home improvements, the maximum credit equals 10 percent of qualified 2011 expenditures up to the $500 limit (reduced by any credit claimed in earlier years).
Exterior windows including skylights and storm windows, subject to a $200 credit cap.
Exterior doors including storm doors.
Insulation.
Metal and asphalt roofs with heat-reduction components.
For these items, you cannot count costs for site preparation, assembly, or installation.
Claiming the Credit for Equipment Costs
For the following items, the maximum credit equals 100 percent of qualified 2011 expenditures up to the $500 limit (reduced by any credit claimed in earlier years).
High-efficiency central air conditioners; electric heat pumps, electric heat pump water heaters; water heaters that run on natural gas, propane or oil; and biomass fuel stoves used for heating or hot water. The cap for these items is $300.
Furnaces and hot water boilers that run on natural gas, propane, or oil?subject to a cap of $150.
Advanced main air circulating fans used in natural gas, propane, and oil furnaces?subject to a cap of $50.
For these items, costs for site preparation, assembly, and installation are eligible for the credit.
Manufacturer?s Certification Is Required
You must obtain a manufacturer?s certification that the product in question qualifies for the $500 credit. The certification may be on the product packaging, or you may be able to print it out from the manufacturer?s website. In any case, keep the certification with your tax records. You won?t need to attach the certification to your Form 1040, but Form 5695 (Residential Energy Credits) will be included with your return.
Because the expenditures for these items can be big, the credit amounts can be big too. And there are no income limits. Even billionaires can take advantage.
This second credit is available through 2016, so there is no big hurry. If your 2011 credit is so large that you cannot use it all up on this year?s return, you can carry the excess forward to 2012 and beyond.
Qualified Expenditures
The credit equals 30 percent of qualified expenditures including costs for site preparation, assembly, installation, piping, and wiring for the following gear.
Solar water heating equipment for your U.S. residence (including a vacation home).
Solar electricity generating equipment for your U.S. residence (including a vacation home).
Wind energy equipment for your U.S. residence (including a vacation home).
Geothermal heat pump equipment for your U.S. residence (including a vacation home).
Fuel cell electricity generating equipment for your U.S. principal residence. Vacation homes don?t count here. For this part of the credit, the maximum annual credit amount is limited to $500 for each .5 kilowatt hour of fuel cell capacity that you add during that year.
Special Rules
You cannot claim the credit for equipment used to heat a swimming pool or hot tub, and special rules apply to expenditures for residential co-op and condominium buildings.
You Must Get a Manufacturer?s Certification
Again, you are required to obtain a manufacturer?s certification stating that the equipment in question qualifies for the credit. You don?t need to attach it to your Form 1040, but keep it with your tax records. A completed Form 5695 will be included with your return.
Finally, keep proof of exactly much you spend ? including any extra amounts for site preparation, assembly, installation, piping, or wiring.
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DEAL COSTS: NYSE Euronext on Friday said costs related to its collapsed merger with German stock market Deutsche Boerse shrank fourth-quarter net income.
BLOCKED ASPIRATIONS: CEO Duncan Niederauer said he was "extremely disappointed" with the European regulator's decision to block the merger. The failed deal dealt a blow to the company's dream of creating a financial giant able to take on other large exchanges in the U.S. and Asia.
THE NUMBERS: The exchange operator reported net income of $110 million in the three months ended Dec. 31, down from $135 million at the end of 2010. Revenue was flat at $1.05 billion.
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How many times have we left the office, meditative of how we instruct we were equates to to get ahead so many more? You have been upon usually the same vessel as many professionals as well as many commercial operation owners. You can censure it upon the feature-packed smartphone, that can be so glossy as well as tasteful that we usually can?t assistance reaching for it as well as personification usually 1 turn of Angry Birds. Okay, usually dual rounds.
Right here have been discipline that will concede we to turn many some-more prolific when it comes to how we hoop your commercial operation communications:
. Send an Internet fax. The fax appurtenance is insanely delayed compared to Internet fax. If we haven?t listened of it ever, right away is the most appropriate time to get to know it some-more as well as have make use of of it for your company. Truth be told, the lot of people still rely upon faxing. If we have been upon the alternative side of the spectrum (the faxers), realizing that there is the some-more fit faxing process will assistance we save profitable mins inside of your already packaged schedule. Not usually that though there have been phone have use of providers who suggest giveaway fax.
. Use capability collection from the net. There have been giveaway as well as poor capability collection that we could download for your smartphone or Computer. Use them to have the some-more orderly schedule. Some even work by delegating tasks to staff by the system. Payments can right away be done around smartphones too. Maximize these brand new innovations to exterminate the little report exchnage limits.
. Limit your amicable network accounts. In box we have make use of of amicable media to foster your commercial operation as well as to keep the reputation, safeguard that it doesn?t take up as well many of your work time. Unless we have somebody dedicated to progressing the accounts, we need to extent the time we persevere interacting with clients by Facebook, Twitter as well as alternative platforms. If possible, brand the amicable media accounts that work, as well as undo the ones that don?t. Interact with clients for 5 or 10 mins each dual hours, usually to assistance keep your online participation strong.
. Centralize your communications. Get an affordable VoIP write complement with the simple pricing plan, for starters. As your association grows as well as as we see the advantages of hooking up all your stream report exchnage apparatus to the singular write number, we might ascent to the aloft plan. VoIP providers have smart facilities that have joining easier as well as some-more cost-efficient. Moreover, it helps overpass the opening in between employees, quite between those that have been in opposite locations.
. Clean your inbox. When we have the vast series of e-mail messages, right away is the time to purify up. Spend an additional 10 mins upon your e mail usually deletion messages that we do not need or intend to open. You?ll see the disproportion the subsequent day we open your inbox privileged of clutter. Take note, however, that it?s most appropriate to outlay usually the singular time of the day celebration of the mass emails as well as responding to them. Resist the titillate to open each singular summary as well as reply to them, as this can mangle your work momentum. You?ll be equates to to simply send an Internet fax to the opposite state for the signature, as well as get it behind in minutes!
Check out for the lot some-more report upon how you?ll progress your promotion as well as selling strategy by equates to of free fax. We additionally yield beneficial info relating to commercial operation write complement along with how to send an Internet fax that will assist your association with the report exchnage needs.
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Source: http://articlesvalley.info/2012/02/09/how-to-boost-your-communication-productivity-with-internet-fax/
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(Reuters) ? The Obama administration plans to spend an additional $156 million over the next two years to help find an effective treatment for Alzheimer's, a fatal brain-wasting disease that affects more than 5 million Americans.
The White House said on Tuesday it will spend and extra $50 million this year, and it will seek an extra $80 million in fiscal 2013 to bolster Alzheimer's research. Obama also plans to spend an additional $26 million in programs to support people who care for Alzheimer's patients.
The spending increase is intended help make good on a U.S. target set last month to find a way to treat or prevent Alzheimer's by 2025, a goal some experts fear is too ambitious.
Current drugs help manage symptoms but so far no therapy can stop the progression of Alzheimer's, which can start with vague memory loss and confusion before progressing to complete disability and death.
Experts predict that without an effective treatment, the number of Americans with Alzheimer's will double by 2050 and related healthcare costs could soar to more than $1 trillion a year.
These projections are simply staggering," National Institutes of Health Director Dr. Francis Collins said in a statement. "This new funding will accelerate NIH's effort to use the power of science to develop new ways of helping people with Alzheimer's disease and those at risk."
The $50 million cash infusion this year brings the U.S. Alzheimer's research budget to half a billion dollars, an improvement, advocates say, but still far short of what the nation spends on other chronic diseases.
The spending will support the nation's first comprehensive plan to fight Alzheimer's disease, an effort mandated by the National Alzheimer's Project Act signed into law by President Barack Obama last year.
The project will coordinate government-wide efforts to prevent and treat the disease and create a national strategy for Alzheimer's.
Australia, France and South Korea already have comprehensive Alzheimer's plans, and global experts have been urging the United States to take a leadership role.
"Today's announcement reflects this administration's commitment to confronting Alzheimer's, a disease that takes a devastating toll on millions of Americans," Health and Human Services Secretary Kathleen Sebelius said in a statement.
So far, U.S. investment in the search for Alzheimer's treatments has fallen short of what the nation spends on other chronic diseases, such as cancer and heart disease.
Roughly $6 billion is spent each year by the NIH on cancer, which affects about 12 million Americans, and more than $4 billion on heart disease, which kills more than 800,000 nationally each year.
Alzheimer's advocates advising the HHS on its research strategy have said it will take as much as $2 billion a year in research funding to make a significant difference in finding an effective treatment.
"This infusion of funds is important," said Harry Johns, president and CEO of the Alzheimer's Association, who called the disease "the public health crisis of this century."
Dr. Ronald Petersen, a Mayo Clinic researcher who chairs the HHS Advisory Council on Alzheimer's Research, said he sees the announcement as a good faith gesture by the administration.
"In these times, one could not realistically expect a billion or 2 billion dollars to be allocated in next year's budget," Petersen told Reuters.
But over the long haul, he said it will take a significant amount of funds to meet that target.
(Reporting By Julie Steenhuysen; Editing by Bill Trott and Jackie Frank)
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Even though a restaurant server had marijuana and Xanax in her system at the time of a workplace injury, an appeals court has recently ruled in her favor. This means?she is?entitled to receive workers' compensation.
The accident happened back in 2008. At the time, the server was working for a seafood restaurant when she tripped over a box of potatoes that was left in the food preparation area. Right after the accident she went to the emergency room, and per the employer's workplace policy, she was given a drug test.
The woman tested positive for marijuana and Xanax. However, it turns out that she had smoked the marijuana four days before the accident, and she was prescribed to take Xanax for a back problem.
Her employer and its insurance company attempted to argue that she should not be entitled to workers' compensation benefits because she had drugs in her system. However, a workers' compensation judge found that intoxication was not a contributing factor to her fall.
In the court's opinion, the fact was also brought up that the woman had been able to successfully perform all tasks of her job before the accident, and that no one had complained about her work performance the morning of the accident.
In the end, it was determined that the woman is in fact entitled to medical care and temporary total disability benefits.
Overall, this case highlights the fact that sometimes an employer and/or its insurance company will attempt to get out of their legal obligation to provide an injured employee with benefits. However, it's important to not give up, but rather to make sure that you have proper legal representation on your side to get the benefits you are entitled to.
Source: Business Insurance, "Injured worker entitled to comp benefits despite positive drug test: Court," Roberto Ceniceros, Feb. 3, 2012
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