CNN host Chris Cuomo has apologized after referring to an Indian-American White House staffer as âRaj whatever-his-name-isâ on air this week. Viewers and critics accused Cuomo of racism, which he refuted during his apology.
The Internal Revenue Service (IRS) allows taxpayers to deduct the cost of home improvements from their income taxes, but only if the improvements were performed for medical reasons and on their main residence.
-- Okemah, Okla. Recoverable depreciation refers to homeowners insurance payments that are normally held back until the insurance carrier verifies that the damages are repaired. Factors that can affect the method and amount of your payment include whether the house has a mortgage, and what the repairs cost. These variables might determine whether or not the recoverable depreciation is held back, as well as when -- and to whom -- it is paid. If you have roof damage and your home has no mortgage outstanding, the recoverable depreciation may be issued to you at the same time as the check for the repairs. It may even be combined into the same check. The same may be true if the total costs for the roof repairs are less than $5,000.