The Great Big Home and Garden Show at I-X Center, Cleveland OH

The Great Big Home and Garden Show will take place from Saturday, February 2 to Sunday, February 10 at the I-X Center in Cleveland. With more than 650 exhibitors, the show is a must-see for home improvement and gardening enthusiasts.

New highlights and attractions to look out for this year include a fully-constructed, 4,000 square foot Idea Home sponsored by Sherwin-Williams and Cleveland Magazine. Built by Perrino Builders, the Idea Home aims to inspire visitors by presenting them with creative ways to plan and build their dream houses. Other features include a fully-constructed, 2,000 square foot Dream Basement built by Custom Remodeling and Design based in Chagrin Falls, fine dining at full-service restaurant Cambria Bistro, and daily cooking sessions presented by local chefs and instructors from the Loretta Paganini School of Cooking.

Returning favorites from last year’s show include the Garden Showcase, Celebrity Designer Rooms, Playground World’s KidsZone and last year’s Main Stage emcee, Matt Fox, who will also be presenting home improvement ideas and special educational topics on February 2, 3 and 5.

Tickets to the show cost from $5 to $14 and are available at the box office, online and at Home Depot and AAA locations. The I-X Center is located at 6200 Riverside Drive in Cleveland. For more information on the Great Big Home and Garden Show, please visit www.greatbighomeandgarden.com.

Downtown Cleveland Restaurant Week kicks off Feb. 22nd

The sixth annual Downtown Cleveland Restaurant Week will kick off on Friday, February 22, but although this will be the sixth year running for the popular event, 2013′s installment will feature several firsts.

First off, the event will stretch over two weekends for the first time ever, running through Sunday, March 3. This year’s celebration of downtown dining will also have a theme, namely “Pierogi Power,” as an ode to Cleveland’s unofficial signature food. Local chefs have been invited to create their own unique take on the tasty stuffed treat.

Also for the first time, there will be a kick-off party. Sponsored by Downtown Cleveland Alliance, the party will be in keeping with this year’s Polish theme, and is called “Go Fourth and Polka.” The highlight of the event will be DJ Kishka’s live polka entertainment set during happy hour on Friday, February 22 in the middle of East Fourth Street.

Aside from these few exciting new changes, the premise of Downtown Cleveland Restaurant Week will remain the same: more than 40 participating restaurants will offer three-course prix-fixe dinner menus prices at $30. Each restaurant will serve their own choice of specials, with some of them offering mix-and-match options as well as prix-fixe lunches, most of which are priced at $15.

For those who love food and all things Cleveland, Downtown Cleveland Restaurant Week is a great way to celebrate eating in the city. For more information, please visit downtowncleveland.com.

Tax Credits and Mortgage Forgiveness Act Reinstated by Fiscal Cliff Bill

Two main tax benefits that had expired were reinstated by the "Fiscal Cliff" policy recently passed by the federal government, along with an extension of the Mortgage Forgiveness Debt Relief Act.  Homeowners will be able to claim these tax credits on their 2012 taxes, according to a recent article In the Washington Post.

The American Taxpayer Relief Act allows you to write off the insurance premiums you paid during 2012 along with your mortgage interest, provided your household income does not exceed $110,000. The new bill retroactively permits write-offs for all of 2012 and 2013 for qualified borrowers.

If you had any energy-efficient renovations done in 2012 or plan to do them in 2013, you may be able to claim up to a $500 tax credit.  This incentive lapsed in 2011 but could now give you up to $500 off the bottom line of your federal tax return.  More information on the credits can be found at website for the Alliance to Save Energy.

In addition to the reinstated credits, the "Fiscal Cliff" legislation kept the Mortgage Forgiveness Debt Relief Act in force for 2013. This act protects homeowners who found themselves "underwater" with their home loans from incurring punitive federal taxes, which would have forced them to pay tax on the full amount of the short sale deficiency, as regular income. 

If this Act would have expired, it would have forced homeowners into a potential bankruptcy or a foreclosure situation, which could have proved devastating to homeowners.  On a larger scale, it would have had a vast impact on banks, as well as the local, state and national economy.