income

Rentec Direct and The Closing Docs Release New Income Verification Feature

Rentec Direct has partnered with The Closing Docs to expedite and enhance the tenant screening process.

“As a landlord myself, I understand the importance of carefully screening tenants and using a variety of information to make an informed decision,” said Nathan Miller, President of Rentec Direct.

GRANTS PASS, Ore. (PRWEB) January 14, 2020
Rentec Direct, the highest-rated property management software solution, has partnered with The Closing Docs, an automated income verification company, to expedite and enhance the tenant screening process for landlords and property managers. By incorporating this solution from The Closing Docs, Rentec Direct users can now easily order automated income verification reports during the tenant screening process.
“As a landlord myself, I understand the importance of carefully screening tenants and using a variety of information to make an informed decision,” said Nathan Miller, President of Rentec Direct. “Traditional methods of verifying income can be slow, error-prone, even fraudulent, and cost you a lot of time. With automated income verification, landlords can quickly generate an easy-to-read report to help streamline the tenant screening process.”
“Instead of asking property managers to interpret disparate data or chase down applicants for info, a couple clicks in the Rentec Direct workflow provide instant access to better information,” said Mark Fiebig, Founder, The Closing Docs. “We’re thrilled to support the best in the business. Together, we’re shortening marketing time and reducing risk.“
Rentec Direct users can now include automated income verification when ordering tenant screening reports that illustrate applicant credit, criminal and eviction history. The automated income verification report provides a quick and easy way for landlords to see actual net income, with data drawn directly from the applicant’s primary bank account – the most reliable source for learning someone’s capacity to pay rent going forward.
Applicants use their computer or mobile device to securely log in to a bank account, and The Closing Docs then automatically generates a report summarizing deposits, identifying employers, and showing monthly and annual net income figures. Applicants can review the report for accuracy and add explanatory statements if desired, but cannot change the contents of the report. The completed report is then instantly available to property managers for review.
Rentec Direct chose to partner with The Closing Docs to implement this new feature so landlords are positioned to make the best-supported tenant approval decisions possible. With this release, Rentec Direct now provides the most comprehensive tenant screening package in the market for property managers and landlords.
To learn more about the benefits of automated income verification, visit: https://www.rentecdirect.com/blog/income-verification/.
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About Rentec DirectRentec Direct offers industry-leading property management software and tenant screening solutions for real estate professionals. Features include online rent payments, tenant and owner portals, the industry’s largest vacancy listing syndication network, full property, tenant, and owner accounting, 1099-MISC reporting and more. Rentec Direct received the Real Estate Company of the Year Award in the 2019 American Business Awards, has been named to the Inc 5000 List of Fastest-Growing Private Companies for three years in a row (as of 2019), and also was included on the 2017, 2018 and 2019 Entreprenuer360 list for Best Entrepreneurial Companies in America. http://www.rentecdirect.com
About The Closing DocsThe Closing Docs, based in tech-centric Seattle, was founded in order to streamline income screening for property managers and lenders. More accurate applicant income information aggregated into normalized reports has significantly decreased processing time (~30%) for rental applications and increased funding rates (~15%) for loans. Bolstering business for property managers and underwriters by giving them faster access to better data is a big step forward. With The Closing Docs, teams close more deals. Faster. http://www.theclosingdocs.com

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Safe Harbor CPAs, San Francisco Accountants Managing High Income Tax Preparation Services for Individuals, Announces Alert on SALT

Safe Harbor LLP, a professional San Francisco tax preparation service for high-income individuals, has announced an alert in light of recent court decisions. A cap on federal tax deductions can impact the upcoming tax season.(PRWeb November 27, 2019)Read the full story at https://www.prweb.com/releases/safe_harbor_cpas_san_francisco_accountants_managing_high_income_tax_preparation_services_for_individuals_announces_alert_on_salt/prweb16736321.htm

Axiom Partners with Pro Bono Net to Provide Legal Support to Low-Income Communities

Axiom

“Since our founding, our mission has been to transform the legal industry forever and for the better,” said Elena Donio, CEO, Axiom. “That mission must include facilitating better access to legal expertise for all who need it.”

NEW YORK (PRWEB) November 20, 2019
Axiom, the global leader in specialized on-demand legal talent, today announced a strategic partnership with Pro Bono Net, a national nonprofit organization dedicated to increasing access to justice and legal support for the disadvantaged. Every year, more than 80 percent of low-income individuals do not receive the help they need for civil legal issues, including unlawful eviction, denial of disability benefits, deportation, and medical debt. Pro Bono Net partners with leading legal organizations to help address these social inequities and close the justice gap. Pro Bono Net’s partnership with Axiom – its first with a non-law firm – provides the organization with access to 1,500+ lawyers who can leverage their expertise to help ensure that everyone receives equal protection and justice under the law.
The program will enable Axiom to facilitate, support, and encourage opportunities for its lawyers to help those who would otherwise be unable to access legal support. For Axiom’s lawyers, it provides a vehicle to serve the community in a meaningful and personally rewarding manner. For disadvantaged individuals, it provides a bridge to access the help and legal expertise they need and deserve. The partnership brings together two legal industry disruptors who have been providing transformative access to legal justice and legal talent for over 20 years.
“Since our founding, our mission has been to transform the legal industry forever and for the better,” said Elena Donio, CEO, Axiom. “That mission must include facilitating better access to legal expertise for all who need it. Our goal is to encourage lawyers to use their wealth of knowledge and unmatched skill sets to give back to their broader communities. This partnership will not only help underrepresented individuals, it will allow our lawyers to ‘practice for a purpose.’”
As part of the program, Axiom lawyers will have access to Pro Bono Net’s online platform, streamlining the process by which lawyers can find resonating and geographically appropriate opportunities to apply their expertise.
“For 20 years, Pro Bono Net has been the national leader in developing meaningful collaborations to facilitate access to justice,” said Mark O’Brien, Executive Director, Pro Bono Net. “A central part of our strategy to increase that access is strengthening and supporting the work of legal advocates and volunteers. We’re thrilled to partner with Axiom to continue to increase the pool of advocates available to help vulnerable populations.”
The Pro Bono Net partnership is part of Axiom’s broader Corporate Social Responsibility portfolio – a portfolio committed to improving industry efforts to promote a more inclusive legal community and to provide a more diverse population with access to legal talent. Axiom anticipates broadening its pro bono commitment and unveiling additional initiatives underneath its CSR umbrella in the near term. As part of that portfolio, Axiom recently released its 2018/2019 Diversity Report, which further underscores the company’s commitment to D&I across the legal industry and within its employee population.
About AxiomAxiom, the global leader in specialized on-demand legal talent, is disrupting the way legal teams and lawyers work. Axiom enables clients to access over 2,000 talented lawyers through a curated platform and build more dynamic teams to drive better business outcomes. Axiom empowers lawyers across industries and practice areas to thrive while pursuing more of the work they love. The company is deeply committed to gender equality and diversity and prides itself on having one of the most diverse employee populations in the industry. Axiom works with over half of the Fortune 100 companies, and currently operates in North America, the U.K., Central Europe and Asia Pacific. http://www.axiomlaw.com.
About Pro Bono NetPro Bono Net is a national non-profit organization dedicated to increasing access to justice. Through innovative technology solutions and expertise in building and mobilizing justice networks, Pro Bono Net transforms the way legal help reaches the underserved. Comprehensive programs, including http://www.probono.net, http://www.lawhelp.org, http://www.lawhelpinteractive.org and http://www.immigrationadvocates.org enable legal advocates to make a stronger impact, increase volunteer participation, and empower the public with resources and self-help tools to improve their lives.
ContactsFor Axiom:Holly Rees, Articulate Communications (UK)hrees@articulatecomms.com+44 7821797275
Yonah Burstein, Articulate Communications (US)yburstein@articulatecomms.com212.984.2475
For Pro Bono NetJax Gitzesjgitzes@probono.net212.760.2554 X462

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Half of Single Older Adults in U.S. Lack Income to Pay for Basic Needs

UMass Boston Research Finds Nearly One-Third Live “In the Gap” Between Poverty, Economic Security
Press Release – updated: Nov 19, 2019 09:00 EST

BOSTON, November 19, 2019 (Newswire.com) – Researchers tracking the economic security of America’s older adults have found that half who live alone and nearly a quarter of those living in two-person households where both are age 65 or older are unable to afford basic necessities without extra assistance. The 2019 Elder IndexTM and a companion report, Insecurity in the States 2019, calculates the elder economic “insecurity rate” both nationally and on a state-by-state basis. The new index data and report were produced by the Gerontology Institute at the UMass Boston’s McCormack Graduate School.
Among the states, Massachusetts leads the nation with the highest level of economic insecurity for older adults living alone. Seven of the top 10 states in that economic insecurity category, including New York and New Jersey, were located in the Northeast. They’re joined by Mississippi, Louisiana, and California.
The index estimates the cost to adults age 65 and older for food, housing, healthcare, and transportation in every county in the U.S. Researchers match income data with index results to determine state and national rates of elder economic insecurity.
On average across the country, 18.2 percent of older adults living alone have income below the Federal Poverty Level. Another 32.1 percent live “in the gap,” with income that exceeds the poverty line but falls short of covering their actual cost of living.
“Making ends meet is a daily challenge for many older adults, especially those who live alone,” said Jan Mutchler, director of the Gerontology Institute’s Center for Social and Demographic Research on Aging. “The elder index provides an important reality check – a realistic measure of the actual cost of a no-frills lifestyle for elders living independently.”
Findings include:
*  National averages suggest 50 percent of older adults living alone and 23 percent of elder couples have annual incomes below the Elder Index.
*  Nationwide, 32 percent of single elders and 18 percent of couples fall into the gap between the Federal Poverty Level and the income required for realistic economic security.
* At least 40 percent of elder adults in every state are at-risk of being unable to afford basic needs and age in their own homes.
*  More than half of older adults living below the Elder Index rely on Social Security for at least 90 percent of their incomes.
The elder index calculated a realistic national average annual cost of living of $25,416 for renting elder singles and $36,204 for elder couples.
Overall, the state with the lowest Elder Economic Insecurity Rate was Nevada, followed by Alaska and Utah. See complete state rankings.
The Elder Index is a free online resource available for anyone to look up customized information about the cost of elder living in any county, state, or the country. It can be found at a new location: www.elderindex.org.
Contact:Steven Syre(617) 365-0116steven.syre@umb.edu
Source: UMass Boston Gerontology Institute

Half of Single Older Adults in U.S. Lack Income to Pay for Basic Needs

UMass Boston Research Finds Nearly One-Third Live “In the Gap” Between Poverty, Economic Security
Press Release – updated: Nov 19, 2019 09:00 EST

BOSTON, November 19, 2019 (Newswire.com) – Researchers tracking the economic security of America’s older adults have found that half who live alone and nearly a quarter of those living in two-person households where both are age 65 or older are unable to afford basic necessities without extra assistance. The 2019 Elder IndexTM and a companion report, Insecurity in the States 2019, calculates the elder economic “insecurity rate” both nationally and on a state-by-state basis. The new index data and report were produced by the Gerontology Institute at the UMass Boston’s McCormack Graduate School.
Among the states, Massachusetts leads the nation with the highest level of economic insecurity for older adults living alone. Seven of the top 10 states in that economic insecurity category, including New York and New Jersey, were located in the Northeast. They’re joined by Mississippi, Louisiana, and California.
The index estimates the cost to adults age 65 and older for food, housing, healthcare, and transportation in every county in the U.S. Researchers match income data with index results to determine state and national rates of elder economic insecurity.
On average across the country, 18.2 percent of older adults living alone have income below the Federal Poverty Level. Another 32.1 percent live “in the gap,” with income that exceeds the poverty line but falls short of covering their actual cost of living.
“Making ends meet is a daily challenge for many older adults, especially those who live alone,” said Jan Mutchler, director of the Gerontology Institute’s Center for Social and Demographic Research on Aging. “The elder index provides an important reality check – a realistic measure of the actual cost of a no-frills lifestyle for elders living independently.”
Findings include:
*  National averages suggest 50 percent of older adults living alone and 23 percent of elder couples have annual incomes below the Elder Index.
*  Nationwide, 32 percent of single elders and 18 percent of couples fall into the gap between the Federal Poverty Level and the income required for realistic economic security.
* At least 40 percent of elder adults in every state are at-risk of being unable to afford basic needs and age in their own homes.
*  More than half of older adults living below the Elder Index rely on Social Security for at least 90 percent of their incomes.
The elder index calculated a realistic national average annual cost of living of $25,416 for renting elder singles and $36,204 for elder couples.
Overall, the state with the lowest Elder Economic Insecurity Rate was Nevada, followed by Alaska and Utah. See complete state rankings.
The Elder Index is a free online resource available for anyone to look up customized information about the cost of elder living in any county, state, or the country. It can be found at a new location: www.elderindex.org.
Contact:Steven Syre(617) 365-0116steven.syre@umb.edu
Source: UMass Boston Gerontology Institute

Half of Single Older Adults in U.S. Lack Income to Pay for Basic Needs

UMass Boston Research Finds Nearly One-Third Live “In the Gap” Between Poverty, Economic Security
Press Release – updated: Nov 19, 2019 09:00 EST

BOSTON, November 19, 2019 (Newswire.com) – Researchers tracking the economic security of America’s older adults have found that half who live alone and nearly a quarter of those living in two-person households where both are age 65 or older are unable to afford basic necessities without extra assistance. The 2019 Elder IndexTM and a companion report, Insecurity in the States 2019, calculates the elder economic “insecurity rate” both nationally and on a state-by-state basis. The new index data and report were produced by the Gerontology Institute at the UMass Boston’s McCormack Graduate School.
Among the states, Massachusetts leads the nation with the highest level of economic insecurity for older adults living alone. Seven of the top 10 states in that economic insecurity category, including New York and New Jersey, were located in the Northeast. They’re joined by Mississippi, Louisiana, and California.
The index estimates the cost to adults age 65 and older for food, housing, healthcare, and transportation in every county in the U.S. Researchers match income data with index results to determine state and national rates of elder economic insecurity.
On average across the country, 18.2 percent of older adults living alone have income below the Federal Poverty Level. Another 32.1 percent live “in the gap,” with income that exceeds the poverty line but falls short of covering their actual cost of living.
“Making ends meet is a daily challenge for many older adults, especially those who live alone,” said Jan Mutchler, director of the Gerontology Institute’s Center for Social and Demographic Research on Aging. “The elder index provides an important reality check – a realistic measure of the actual cost of a no-frills lifestyle for elders living independently.”
Findings include:
*  National averages suggest 50 percent of older adults living alone and 23 percent of elder couples have annual incomes below the Elder Index.
*  Nationwide, 32 percent of single elders and 18 percent of couples fall into the gap between the Federal Poverty Level and the income required for realistic economic security.
* At least 40 percent of elder adults in every state are at-risk of being unable to afford basic needs and age in their own homes.
*  More than half of older adults living below the Elder Index rely on Social Security for at least 90 percent of their incomes.
The elder index calculated a realistic national average annual cost of living of $25,416 for renting elder singles and $36,204 for elder couples.
Overall, the state with the lowest Elder Economic Insecurity Rate was Nevada, followed by Alaska and Utah. See complete state rankings.
The Elder Index is a free online resource available for anyone to look up customized information about the cost of elder living in any county, state, or the country. It can be found at a new location: www.elderindex.org.
Contact:Steven Syre(617) 365-0116steven.syre@umb.edu
Source: UMass Boston Gerontology Institute