Business, Taxes and Accounting

Tax Relief CPA Alerts Delinquent Taxpayers as IRS Intensifies Collection Efforts and Audit Activities for 2024

LOS ANGELES, Calif. -- James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, alerts that the IRS is ramping up collections and tax audits in 2024, and urges taxpayers to act with tax relief strategies.

:: IRS Increasing Audits, Collections, and Tax Levies in 2024

For years, the IRS paused many collection actions due to COVID-19, halting notices from its Automated Collection System. But in 2024, that reprieve ends as the agency ramps up collections and audits with increased funding.

If you haven't received IRS notices recently about unfiled returns or unpaid taxes, expect that to change. The IRS is hiring more auditors and resuming collection notices aggressively. Be prepared for stepped-up IRS collections efforts in 2024.

:: 2024 IRS Hiring Increase and Enforcement Efforts to Surge with New Funding

The Inflation Reduction Act provided $80 billion for the IRS to modernize and enhance tax enforcement. With the funds, the agency plans to hire thousands of new auditors, revenue officers, and personnel. The hiring blitz is already underway.

James states, "The IRS currently has about 14,000 enforcement personnel but aims to rapidly expand its workforce, with a 55% auditor increase targeted for 2024 alone according to watchdog reports."

:: Resumption of IRS Collection Notices

During the COVID-19 pandemic, the IRS took many steps to help taxpayers, including increased tax credits, new tax credits for employers, and halting many collection activities.

As of 2024, the IRS is sending out new collection notices, and it's using Letter LT38 to alert taxpayers about upcoming collection notices. The agency is also sending out demands for payment and notices about unfiled returns.

If you have unpaid taxes or unfiled tax returns, expect to see the following notices soon:

* LT38 - This notice alerts you of your unpaid tax debt and advises you that the agency is going to start sending out notices again. It also informs taxpayers of automatic penalty relief on failure-to-pay penalties for tax years 2020 and 2021 for taxpayers with assessed balances of $100,000 or less for each tax year.

* CP59 - The IRS sends this notice to people with unfiled tax returns. You can respond by filing the enclosed Form 15103 which allows you to explain why you haven't filed or why you're not required to file. If you don't respond, the IRS may issue a substitute for return to assess tax against you more than you were supposed to owe and start the collections process.

* CP3219N - The IRS uses this notice of deficiency to alert people with unfiled returns about a proposed tax assessment made against them. When you receive this notice, you have 90 days (150 days if you're out of the country) to file a tax return, appeal in Tax Court, or agree with the assessment.

* CP504 - The IRS sends this notice to people with unpaid taxes before it seizes their state tax refunds and starts to seize other assets (wages, bank accounts, personal/business property, real estate, etc.). The IRS started sending these notices to people who owe for 2022 and older tax debts.

The IRS is boosting compliance efforts, intensely targeting high-income non-filers. In a Feb 29 announcement, the agency said it issued over 125,000 notices for unfiled 2017-2022 returns. Around 25,000 cases involve taxpayers with over $1 million income, while 100,000 are for those earning $400,000-$1 million.

However, that doesn't mean you don't have to worry if you have unpaid taxes and your income is lower than the above thresholds. Janet Yellen did not deny a claim that 90% of new IRS audits would be on individuals making less than $400,000 annually. Also, The IRS still uses the $200,000 threshold to measure high-income returns since it defined high-income taxpayers as those with a total positive income of $200,000 or more.

As the IRS continues to increase collection efforts through 2024 and beyond, the agency will reach out to millions of taxpayers at all kinds of income levels.

:: Taxpayer Options for Unpaid Taxes

Unpaid taxes can be extremely stressful, but there are options. The IRS offers the following payment plans and relief options to taxpayers who owe back taxes:

* Installment agreement - Take up to the collection expiration date to make monthly payments on your tax debt. Interest and a small late payment penalty will continue to accrue on your account, but the IRS won't pursue any collection actions against you.

* Partial payment installment agreement - A special type of monthly payment plan with a reduced amount where the IRS waives the remaining balance at the end of the payment plan, but you must provide financial disclosure to prove that you're paying the highest monthly payments that you can afford.

* Offer in compromise - You pay the most you can afford to pay based on your income and assets in a lump sum or 24 monthly payments with this one-time settlement. The IRS forgives the remaining balance, but you must stay compliant with certain rules for the next five years or you risk losing the agreement.

* Currently not collectible - To get your account marked as currently not collectible, you must prove to the IRS that you can't afford to pay anything. Then, the IRS pauses all collection actions against you until your finances improve.

There are also other relief programs that may be able to help you. For example, unpaid payroll taxes can lead to severe consequences from the IRS, including the Trust Fund Recovery Penalty, levies, and seizures, but seeking professional tax representation can help resolve these issues and protect your business from the IRS's aggressive collection actions.

Penalty abatement can reduce or eliminate penalties based on reasonable cause or first-time incidents. The IRS's Innocent Spouse program helps taxpayers who are facing tax debt due to actions their spouse took without their knowledge. Additionally, depending on the situation, you may also want to look into tax appeals, OICs based on doubt of equity, or OICs based on effective tax administration.

:: Steps Towards Compliance: Responding to 2024 Notices

IRS Commissioner Danny Werfel said, "The IRS is now taking swift and aggressive action to close the tax gap and has a variety of efforts underway to improve compliance in overlooked areas."

If you receive an LT38, CP59, CP504, or any other IRS collection notice, don't ignore it. Failure to respond will lead to increased penalties and more interest, and it could subject you to involuntary collection actions such as tax liens, wage garnishments, tax levies, and passport revocation or denial.

A tax relief professional can also help you identify the best option and negotiate with the IRS on your behalf.

:: Get Ready for IRS Collections 2024

James advises, "There are numerous tax relief options that are put forth by the government, but individuals and business owners should seek an experienced tax relief specialist who can strategize, take full advantage, and save considerable sums of money for taxpayers."

About Ace Plus Tax Resolution:

Ace Plus Tax Resolution provides customized solutions to taxpayers with IRS and state tax problems. James Cha is a CPA and Certified Tax Resolution Specialist at Ace Plus Tax Resolution, and has been representing his clients and dealing with the IRS for 35 years. His practice is in Los Angeles, yet his clients are all across the nation. Learn more at: https://aceplustaxresolution.com/

Contact him at (213) 600-7388 or James@AcePlusTaxResolution.com for a free consultation.

MULTIMEDIA:

VIDEO Channel (YouTube) - https://tinyurl.com/3tk6vmu6

Related link: https://aceplustaxresolution.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Software

Informative Research Announces Mortgage Lenders Using Fannie Mae’s Desktop Underwriter Can Now Validate Income and Employment with AccountChek

GARDEN GROVE, Calif. -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced that lenders using Fannie Mae's Desktop Underwriter® (DU®) can now leverage a 12-month asset verification report to validate income and employment in addition to assets with a single asset report. By using direct deposit banking data to evaluate income and employment, lenders can streamline processes and improve the borrower experience.

"AccountChek has long been a trusted source of data to validate a consumer's assets, rent payments and cash flow, and now with the ability for lenders to leverage bank account data for the purpose of validating a consumer's income and employment in DU, we offer even greater value to our customers," said Informative Research Head of AccountChek Brian Francis. "By allowing DU users to leverage one report to satisfy multiple verification needs, Fannie Mae has provided lenders with a tremendous lift in terms of productivity and expense management [1]. Additionally, lenders do not have to order a special report to participate in this program, as AccountChek already provides the needed transaction data to DU in the existing asset report."

Once borrowers have authorized access to their financial information via AccountChek, the system retrieves the relevant information - including income deposits, expenses, and account balances - and generates a comprehensive report summarizing the data. This data is shared with the lender's point-of-sale platform and/or loan origination system, and in the AccountChek dashboard. AccountChek's direct integration with DU ensures the necessary data flows into DU as part of the loan submission to analyze income and employment eligibility along with assets.

In addition to improving operational efficiency and lowering costs, using a single source of data for assets, income and employment verification may also help lenders:

* Streamline large deposit verification by reducing documentation requirements.

* Enhance the borrower experience by reducing the documents borrowers have to provide, which could increase the chances of securing borrowers' business.

* Achieve Day 1 Certainty® through relief from representation and warranties when income, employment, and/or asset information is validated, which may increase loan quality and reduce repurchase risk.

"With DU, lenders can now get even more benefits from using a single 12-month asset report," said Peter Skarnulis, Fannie Mae Vice President, Business Account Management Solutions. "We continue to look for ways to help lenders streamline their validation processes and improve the borrower experience, and this latest enhancement helps them do just that."

In addition, lenders may increase the number of borrowers that receive an Approve/Eligible recommendation in DU by assessing eligibility through rent payment identification and a cash flow assessment.

"We're constantly looking for ways to innovate in the underwriting space," said Mark Fisher, Fannie Mae Vice President for Credit Risk Solutions. "Now, with a 12-month asset report, DU offers even more value than before, benefiting both lenders and borrowers."

Fannie Mae has established clear guidelines and resources to facilitate the onboarding of lenders into the program, ensuring a seamless transition to streamlined verification processes.

To get started, visit Fannie Mae's webpage, and submit the request form to begin the activation process: http://www.fanniemae.com/singlesource.

About Informative Research

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com/.

CITATIONS:

[1] In a survey of pilot lenders, 50% saw some level of cost savings over their existing third-party report costs. Customer results may vary.

Related link: https://www.informativeresearch.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Reports and Studies

MCT Reports a 20.9% Increase In Mortgage Lock Volume Amidst Rising Rates

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has reported a 20.9% increase in mortgage lock volume in February compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.

This month's increase comes against a backdrop of rising interest rates, a robust jobs market, and a stronger-than-predicted CPI report. Despite the prevailing market conditions, the twenty percent increase in mortgage lock volume showcases positive buyer sentiment within the industry. However, it's important to note that this month-over-month uptick represents a relative change, reflective of the traditionally slower winter buying season.

Looking ahead, the Federal Reserve will closely monitor forthcoming non-farm payroll and inflation reports to inform decisions regarding potential rate adjustments. Andrew Rhodes, Senior Director and Head of Trading at MCT, emphasized the significance of these impending reports, stating, "The upcoming non-farm payroll and CPI reports will have a significant impact on the decision for the upcoming Fed meeting in terms of forward guidance. If we continue to see higher than anticipated job and inflation reports, we could see market expectations start to push rate cuts out to Q3 or later which could act to depress mortgage volume."\Bottom of Form

To access the comprehensive insights provided by MCT's Lock Volume Indices, interested parties are encouraged to download the full report - https://mct-trading.com/press-release/20-percent-increase-mortgage-lock-volume-amidst-rising-rates/.

MCT's Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT's national footprint.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Related link: https://mct-trading.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Entertainment, General Editorial

BHERC 14th Annual Youth Diversity Film Festival To Take Place Saturday, March 23, 2024 in Los Angeles

HOLLYWOOD, Calif. -- The Black Hollywood Education and Resource Center (BHERC) is proud to present the 14th Annual Youth Diversity Film Festival (YDFF) Saturday, March 23rd (in-person) at Regal L.A. Live, 1000 West Olympic Blvd, Los Angeles, CA 90015. Films can also be viewed (virtually) online at www.BHERC.TV through Sunday, March 24, 2024.

BHERC has a core mission to recognize and support youth's unique talents and voices by providing and promoting this visual platform. Traditionally brought to the community annually as a live event - the YDFF continues in hybrid format, both online streaming and live in-person. It will include 24-hour access to the films and in-person, feature prime industry panels led by top entertainment professionals. Opening Ceremony that introduces the filmmakers with short trailers of their movies, is always a highlight of the event.

The BHERC YDFF is one of the longest-running youth film festivals to focus on diversity. YDFF filmmakers share short narratives, animation, and docu-short films from various topics related to what youth are experiencing today.

Director of the YDFF, Robert McCune states, "Storytelling is unique in that it is not bound by age. And that is what we see in the films offered by the Youth Diversity Film Festival, storytelling in its purist form because it is rooted in the belief of young people. These are the storytellers that will write the next generation of this world's history. And each film is a new page in that history."

YDFF goes beyond the definition of a festival by providing guidance and life-changing experiences that go beyond filmmaking throughout the year. With nearly 2,000 submissions from more than 8 different countries this year, the YDFF continues to grow.

Sandra Evers-Manly, President of the Black Hollywood Education and Resource Center stated, "We are excited with the continued growth of the festival and the students focus dealing with diverse issues."

A vital component of the festival is the panels featuring professionals in the entertainment industry. These panels provide real-time real-life career information, experience, and learning. Set to provide mentorship and inside, by some of the best professionals in the television and film industries. This year's festival will provide two different panels, with the topics to be announce in the coming week.

Founded in 1996 by Sandra Evers-Manly, BHERC is a nonprofit, public benefit organization designed to advocate, educate, research, develop, and preserve the history and future of Black images in film and television. BHERC programs include film festivals, mentoring, book signings, script readings, film and animation contests, scholarships, and other programs and special events.

BHERC invites young people from the US and across the globe, industry professionals, and the community to join us for this great festival of incredible films from our youth.

"This festival is presented annually to continue the BHERC mission to provide an outlet and opportunity for young filmmakers around the globe to share their stories about issues, challenges, and successes to a broad audience," states BHERC YDFF Director Robert McCune. This is a powerful opportunity for everyone. Take the time to log in and learn, be inspired, moved, gain insight from the filmmakers and the films, as well as the industry-led panels.

REGISTRATION:

Register online for the in-person event and virtual event at https://bherc.org/.

Admission: Festival Pass $10/Adults, $5/Youth & Seniors.

Please Note: films screen online at https://bherc.tv/.

MORE INFORMATION:

For information about the BHERC YDFF festival, please contact Robert McCune, Director, BHERC Youth Diversity Film Festival at email: YDFF@bherc.org or by phone: (925) 727-6231. For information on all the festival offers additional details about BHERC and all its programs, visit our website at www.bherc.org.

MEDIA CONTACT:

Robert McCune/Stephene Johnson

(925) 727-6231/(323) 957-4656

mediapress@bherc.org

Related link: https://bherc.org/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Books and Publishing, Entertainment, General Editorial

Publishers Newswire announces its Semi-annual BOOKS TO BOOKMARK List for March 2024 – Eight New Books You’ve Never Heard Of

TEMECULA, Calif. -- Publishers Newswire (PNW), an online news publisher covering books, music and software launched in 2004, has announced its latest semi-annual "books to bookmark" list of eight new and interesting books from small publishers and self-published authors in North America published over the past year. These books are often overlooked due to not coming from major traditional N.Y. book publishing houses.

"The publishing market still looks to be strong, with frequent publication of books by both new and existing authors," says PNW editor and publisher, Christopher Laird Simmons, who has worked in the publishing world since the late '70s, and is also CEO of the website's parent company, NEOTROPE®.

Herewith are 8 interesting reads recently published, worth a look (no specific order):

THE EPIC GOAL WORKBOOK

"The EPIC Goal Workbook: The Guide to Achieving Extraordinary, Powerful, Impactful and Courageous Goals" (ISBN: 978-1956955682; paperback; Legacy Launch Pad), written by Anna David, a leading speaker on goal setting. The process David's workbook outlines is a combination of practical and spiritual: it involves writing down a goal, describing in present tense what life will be like when the goal is achieved, pasting images that represent the achieved goal in the pages of the workbook, noting the actions that will be required to achieve it and then waiting for the results.

Learn more: https://publishersnewswire.com/publishing-legacy-launch-pad-publishing-releases-workbook-on-how-to-meet-goals-by-goal-setting-speaker-anna-david/

BEAUTY OF A NEW LAND

Author Michiko Sakamoto-Senge invites readers on a captivating journey through the pages of her new book, "Beauty of a New Land: The Lives and Legacies of Five Immigrant Women in Canada" (ISBN: 978-0228896807). This compelling work explores the remarkable stories of Lina de Guevara, Hanny Pannekoek, Hemi Gunasinghe, Comfort Ero, and the author herself - five extraordinary elder immigrant women who forged meaningful lives for themselves while contributing to a just society for others. In "Beauty of a New Land," Sakamoto-Senge delves into the personal narratives of these women, shedding light on the complex cultural dynamics that exist within immigrant families who become Canadians. The book celebrates their contributions to Canadian society and, in response, what Canada has offered them.

Learn more: https://publishersnewswire.com/publishing-new-book-offers-a-window-into-the-lives-of-immigrant-women/

SMELLY BEGINS

First time author Cindy Lane takes readers on a fun journey filled with laughs and love with, "Smelly Begins" (ISBN: 978-1998190638). "Smelly Begins" is the first tale in The Adventures of Smelly Rogers, a triple treat encompassing infant, toddler, and children's stories - three books in one. With a delightful mix of rhyme, rhythm, and humor, Smelly gracefully explores the world, embodying curiosity, patience, and understanding. The COVID related death of one of her high school friends, known by name to her children and often a subject of shared stories, became the poignant catalyst inspiring her to start writing.

Learn more: https://publishersnewswire.com/publishing-cindy-lane-smelly-begins-a-heartening-trilogy-illustrated-by-an-artist-with-autism-celebrates-love-and-joy-while-stretching-the-family-budget-with-three-books-in-one/

TRAUMERGY: A SCI-FI MYSTERY

"TRAUMERGY" (ISBN: 978-1633572874; New Harbor Press) by Patrick R. Carberry is a science fiction thriller that's as compelling as it is provoking. The author invites readers to join him on a captivating journey where he delves into what he calls TRAUMERGY - also known as traumatic energy. This Sci-Fi mystery work urges readers to think outside the box. Consider this. What if traumatic events were stored in the brain as traumatic memories and could be viewed with new technology?

Learn more: https://publishersnewswire.com/publishing-new-sf-book-offers-fictional-window-into-the-intersection-of-science-and-traumatic-events/

A TOOL FOR MOTIVATION, INSPIRATION, LOVE, AND KINDNESS

Grab your favorite pen, and a copy of the newly-released "My Journal" (ISBN: 978-1779411716; Tellwell Talent), an empowering guided kindness journal created by international figure skating coach Robert O'Toole. "My Journal" is not just a daily planner; it's an invitation to embark on a path of positivity, self-reflection, and acts of love and kindness. "My Journal" isn't just for personal use; it's a powerful tool for building a motivated, inspired, and creative culture wherever you need it. Whether in the office or ice rink, "My Journal" is a roadmap to creating a more compassionate and caring global community.

Learn more: https://publishersnewswire.com/publishing-introducing-my-journal-by-robert-otoole-a-tool-for-motivation-inspiration-love-and-kindness/

BONES IN THE ALLEY

Author Viterose Van Huis invites readers to embark on a profound exploration of self-discovery with her latest release, "Bones in the Alley" (ISBN: 978-1779413772; paper). "Bones in the Alley"is a republishing of her initial inspiring work that first graced bookshelves in 2015. Spanning the challenges of Van Huis's tumultuous childhood in Barbados to her new life in America, "Bones in the Alley" is an inspiring account of spiritual growth. Vulnerable and authentic, "Bones in the Alley" is the true tale of one woman's resilience in the face of adversity as she learns that self-discovery is essential in the pursuit of happiness and meaning. "Bones in the Alley" is more than a book; it is a helping hand, teaching readers that the answers to life's challenges are within you.

Learn more: https://publishersnewswire.com/publishing-embark-on-a-journey-to-self-awareness-with-bones-in-the-alley-by-viterose-van-huis/

AN INNOCENT WORLD

Emerging author Douglas A. King has recently released "An Innocent World" (IBSN: 978-0228828884), a captivating exploration of an alternative reality where the consequences of Adam and Eve's actions are reconsidered. In this book, King envisions a world vastly different from our own, inhabited by immortal beings reminiscent of classic space aliens, promoting a society free from harm and conflict.

Learn more: https://publishersnewswire.com/publishing-emerging-author-douglas-a-king-unveils-thought-provoking-novel-an-innocent-world/

THE OTHER SIDE OF CRISIS

94-year-old author Bob Herpe has released of the paperback version of his latest suspense-thriller, "The Other Side of Crisis" (ISBN: 979-8350927269). This action thriller has been described as, "...a gripping work of fiction, brimming with action and suspense, as it delves into the lives of Ernie Gravnick, a retired police chief, and Riana, an Israeli flight attendant with a background in special forces. In this thrilling narrative, Gravnick becomes the target of 'The Ghost,' a ruthless serial killer responsible for the death of his wife."

Learn more: https://publishersnewswire.com/publishing-bob-herpe-releases-his-second-book-a-thrilling-new-novel-the-other-side-of-crisis/

MORE INFORMATION:

Learn more about additional books you've probably never heard of here: https://publishersnewswire.com/pnw/book-news/

ABOUT PUBLISHERS NEWSWIRE:

Publishers Newswire™ is an online publication founded in 2004, part of the Neotrope News Network, covering books and publishing, music and software news. Publishers Newswire does not endorse, "recommend," or review any of the book titles mentioned, and the specific books mentioned are for informational purpose only. No fee or other consideration was paid for inclusion in this list.

ABOUT NEOTROPE:

Neotrope has been in the publishing business since the late 1970s, when then teenage founder Christopher Simmons published first "The Comic Collectors Comic Checklist" sold at the San Diego Comic-Con. The company went on to publish "The Galaxy of Fandom" a one-off entertainment magazine, and later "The Adama Journal" a fanzine for "Battlestar Galactica." In 1982, "The Unicorn Hunters Guidebook" was featured in Playboy magazine. In 1987, a fanzine for "Star Trek: The Next Generation" called "Galaxy Class" launched. In 2008, the company published "FRACTOPIA" a coffee table art book by Simmons (ISBN: 978-0971055506; Neotrope Press).

The company publishing unit was originally called Silver Unicorn Graphics (S.U. Graphics and Marketing), became Mindset Press in 1987 and Neotrope Press in 1997. The Neotrope News Network was launched in 2004.

The company is also a leader in online advertising and marketing, public relations, music/video and multimedia. Neotrope is based in the Southern California wine country of Temecula. Neotrope® is a registered trademark in the U.S. and Europe. The company celebrated its 40th anniversary Jan. 2023.

Christopher Simmons has been a working journalist since 1984 when he sold his first article to POLYPHONY magazine. Later writing for diverse pubs including Computer Player, Digital Imaging, Micro Publishing News, Spazz, the Graphic Artist's Guild newspaper, among many others. He has been widely interviewed on topics related to technology, marketing, health and entertainment.

Learn more about Neotrope at: https://neotrope.com/ (website under reconstruction 2024).

NOTE: NEOTROPE does not publish any of the books mentioned in this press release nor represent any author or publisher in an agency capacity. For questions about any of the books mentioned contact the author or publisher directly and not this website.

Related link: https://publishersnewswire.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Software

MCT Releases Custom TBA Indications to Provide Price Discovery for Illiquid Coupons

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of pricing indications for the to-be-announced mortgage-backed securities (TBAs) used by mortgage lenders to hedge their open mortgage pipelines. TBA indications improve transparency in illiquid market segments and act as a key reference point on lenders' unique executions - critical data for generating accurate front-end borrower pricing.

"TBA indications can now be electronically requested ad hoc by mortgage lenders from multiple approved broker-dealers," said Phil Rasori, COO at MCT. "For the first time, lenders have a custom reference point to their own TBA execution rather than working solely from market-wide pricing that may not be applicable to them."

TBAs are the forward contracts on mortgage-backed securities used across the industry to hedge open mortgage pipelines against changes in interest rates during the origination process. With this latest development, MCT clients are able to make timely, on-demand pricing indication requests for specific coupons in the TBA market. This new price discovery is a significant benefit to mortgage lenders, since traditionally only the most liquid coupons are visible on standard market pricing reference tools.

"I needed pricing visibility on the GNMA 7.5% coupon, but there was no screen pricing available," said Nick LaClair, Pricing Strategy and Analytics Manager, AVP at Embrace Home Loans. "Being able to electronically request and receive these indications enabled me to navigate the illiquid segments of the market and produce more accurate pricing, allowing us to offer more pricing options to our customers in a very challenging environment."

MCT is proud to offer this new pricing service that is made possible through a technology licensing arrangement with leading fintech Agile Trading Technologies. Agile operates a request for quote (RFQ) platform that connects mortgage lenders with broker-dealers of all sizes.

Please contact MCT to learn more about how TBA indications help improve secondary market performance, at: https://mct-trading.com/contact/.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

RELATED LINKS:

https://trade-agile.com/

Related link: https://mct-trading.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Legal and Law

Secured Signing Unveils Cutting-Edge Features and Enhancements in Latest Announcement

MOUNTAIN VIEW, Calif. -- Secure Signing, a leading provider of digital signature solutions, today announced the release of its latest version, featuring a range of innovative features and enhancements designed to make the signing process smoother and more efficient than ever. These updates benefit users of the We Sign, Form Filler templates, and Remote Online Notarization (RON) platforms.

New Features:

* Enhanced Admin Visibility: The new Admin User Audit Trail report provides detailed insights of Enterprise accounts / plan into admin activities, including: logins, setting changes, and user management, ensuring greater transparency, control and monitoring.

* Edit Signing Process: Users can now Edit The Signing Workflow even after sending documents for signature, correcting mistakes without starting the signing process again . This feature creates flexibility and reduces rework.

* Invitee-focused Portal: The new Invitee Monitoring Portal offers a centralized location for invitees to access and manage all documents requiring their signatures, boosting completion rates and improving their experience.

Key Enhancements:

* Admin Template Management: Admin users with full permissions can now view and Edit Any User's Templates, facilitating collaboration and template optimization within organizations.

* Meeting Scheduling Clarity: The new Meeting Date column in "In Progress" documents displays scheduled RON or video signing sessions, enhancing the meeting management.

* Canadian RON Support: Secure Signing now officially supports Canadian Notaries in its RON platform, expanding its reach and providing Canadian users with a secure and convenient digital signing solution.

"These latest enhancements demonstrate our commitment to delivering a best-in-class signing experience," said Mike Eyal, Founder and Director at Secured Signing. "By continuously innovating and incorporating user feedback, we ensure Secure Signing remains the trusted choice for efficient and secure digital signatures."

More Information:

To learn more about Secure Signing and its latest release, visit https://www.securedsigning.com/ or contact heldesk@securedsigning.com.

About Secure Signing:

Secured Signing is a leading provider of secure and compliant digital signature solutions. With a focus on user experience and advanced technology, Secure Signing helps organizations streamline their signing and approval processes while maintaining the highest level of security. Trusted by businesses worldwide, Secure Signing is the go-to choice for efficient and legally binding digital signatures.

Secured Signing, 800 W. EI Camino Real, Suite 180, Mountain View, CA 94040.

Related link: https://www.securedsigning.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Legal and Law

Secured Signing Unveils Cutting-Edge Features and Enhancements in Latest Announcement

MOUNTAIN VIEW, Calif. -- Secure Signing, a leading provider of digital signature solutions, today announced the release of its latest version, featuring a range of innovative features and enhancements designed to make the signing process smoother and more efficient than ever. These updates benefit users of the We Sign, Form Filler templates, and Remote Online Notarization (RON) platforms.

New Features:

* Enhanced Admin Visibility: The new Admin User Audit Trail report provides detailed insights of Enterprise accounts / plan into admin activities, including: logins, setting changes, and user management, ensuring greater transparency, control and monitoring.

* Edit Signing Process: Users can now Edit The Signing Workflow even after sending documents for signature, correcting mistakes without starting the signing process again . This feature creates flexibility and reduces rework.

* Invitee-focused Portal: The new Invitee Monitoring Portal offers a centralized location for invitees to access and manage all documents requiring their signatures, boosting completion rates and improving their experience.

Key Enhancements:

* Admin Template Management: Admin users with full permissions can now view and Edit Any User's Templates, facilitating collaboration and template optimization within organizations.

* Meeting Scheduling Clarity: The new Meeting Date column in "In Progress" documents displays scheduled RON or video signing sessions, enhancing the meeting management.

* Canadian RON Support: Secure Signing now officially supports Canadian Notaries in its RON platform, expanding its reach and providing Canadian users with a secure and convenient digital signing solution.

"These latest enhancements demonstrate our commitment to delivering a best-in-class signing experience," said Mike Eyal, Founder and Director at Secured Signing. "By continuously innovating and incorporating user feedback, we ensure Secure Signing remains the trusted choice for efficient and secure digital signatures."

More Information:

To learn more about Secure Signing and its latest release, visit https://www.securedsigning.com/ or contact heldesk@securedsigning.com.

About Secure Signing:

Secured Signing is a leading provider of secure and compliant digital signature solutions. With a focus on user experience and advanced technology, Secure Signing helps organizations streamline their signing and approval processes while maintaining the highest level of security. Trusted by businesses worldwide, Secure Signing is the go-to choice for efficient and legally binding digital signatures.

Secured Signing, 800 W. EI Camino Real, Suite 180, Mountain View, CA 94040.

Related link: https://www.securedsigning.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Legal and Law

CDF Labor Law LLP Expands Firm Leadership, Elevates Six Women

IRVINE, Calif. -- CDF Labor Law LLP is proud to announce the promotion of two attorneys to Partner and four to Senior Counsel, all of whom are talented women employment defense litigators. These promotions reflect our commitment to cultivating an inclusive environment that values and advances our team members' diverse skills and contributions. These individuals, part of our nearly 50-strong legal team, exemplify CDF's dedication to guiding and defending employers in California's complex labor and employment legal terrain.

"Each recently elevated attorney at CDF Labor Law LLP has consistently showcased exceptional legal acumen and an unwavering commitment to superior client service," stated Firm Managing Partner Marie DiSante. "In applauding these advancements, we reaffirm our firm's steadfast dedication to delivering top-tier talent to safeguard, defend and advocate for employers throughout California."

CDF New Partners (in alphabetical order by first name):

Desiree J. Ho (San Diego - Partner) has extensive experience across diverse industries and understands the vital role of tailored solutions for clients. She is well-versed in defending employers in wage and hour litigation, including PAGA and class actions, as well as single and multi-plaintiff lawsuits for discrimination, harassment, wrongful termination, and other employer-related claims. She advocates taking preemptive measures to best protect clients against wage and hour and other areas of exposure, works with clients to develop strong policies and practices, and guides businesses through difficult employment decisions. Desiree was named to the 2024 list of "Ones to Watch" by Best Lawyers in America(R). She received her J.D. from UCLA School of Law in 2016.

Erin A. Owen (San Diego - Partner) prioritizes personalized service, crafting strategies aligned with client goals in both employment and business litigation. She is deeply committed to her client's well-being and synthesizes a deep understanding of their business, culture, and risk tolerance to best address their legal needs. Erin's employment litigation expertise spans class and PAGA wage and hour disputes, single and multi-party wrongful termination, discrimination, harassment, and retaliation, among other claims, across diverse industries. In business litigation, she handles breach of contract, business torts, trade secret litigation, and shareholder / partner / principal disputes, showcasing knowledge of issues unique to businesses at different stages of their lifecycle. Her comprehensive experience includes counseling businesses planning for and in the transactions process, including managing litigation and its impact on a transaction critical to an organization. Erin graduated from Pepperdine University School of Law in 1996.

CDF New Senior Counsel (in alphabetical order by first name):

Candace R. DesBaillets (San Francisco - Senior Counsel) advises and defends employers, providing practical solutions to mitigate risks. With expertise in wage and hour compliance, termination risk assessment, family and medical leave, and disability accommodation, she handles litigation matters spanning discrimination, harassment, retaliation, contracts, and employment-related torts. Candace has a diverse client portfolio across industries, such as technology, retail, food and beverage, construction, healthcare, and aerospace. Her experience includes representing employers in state and federal courts and before agencies like the EEOC, CRD, and DLSE. With a background in critical gender studies, she offers unique insights to help employers navigate California's dynamic legal landscape. Candance was named to the 2023 and 2024 lists of "Ones to Watch" by Best Lawyers in America(R). She graduated from Berkeley School of Law in 2016.

Dalia Z. Khatib (Sacramento - Senior Counsel) defends California employers on a variety of issues, with a special emphasis on wage and hour class actions, as well as Private Attorney General Act (PAGA) litigation. She has successfully defended employers throughout all stages of litigation, including through trial. In addition to her legal acumen, Dalia's unique background includes helping manage a family-owned marketing and software development company. This hands-on experience managing a workforce has given her a unique perspective in her legal practice and a deep understanding of the challenges that businesses face, particularly in the dynamic landscape of California. This perspective allows Dalia to provide comprehensive guidance to employers on all employee-related issues, including termination, leaves of absence, wage and hour regulations, and compliance with California's privacy regulations impacting employers. Dalia was named to the 2024 list of "Ones to Watch" by Best Lawyers in America(R). She graduated from Davis School of Law in 2018.

Linda Wang (Los Angeles - Senior Counsel) represents clients in diverse industries, including healthcare, food and beverage, manufacturing, and retail. Her practices focus on single-plaintiff FEHA claims, wage and hour disputes, and PAGA and class actions. Wang has also assisted clients in navigating the new California privacy laws (CFRA), including drafting workplace privacy policies. She has successfully defeated wage and hour class action, including obtaining a complete denial of class certification motion in favor of employer. Beyond litigation, she advises on workplace disputes, wage compliance, and privacy laws, showcasing a comprehensive approach to client needs. Fluent in Mandarin, Linda provides legal advice in Mandarin and offers pro bono support, demonstrating her commitment to accessibility and client well-being in the complex landscape of California labor law. Linda was named to the 2024 list of "Ones to Watch" by Best Lawyers in America(R). She graduated from Irvine School of Law in 2017.

Tashayla "Shay" Billington (Sacramento - Senior Counsel) defends California companies against wage and hour class actions and single-plaintiff claims involving discrimination, retaliation, harassment, wrongful termination, and employment-related torts. She also excels in strategic legal maneuvers, conducting thorough discovery processes, and handling motions, mediations, and arbitrations with a track record of success. She has notable experience in defending unfair labor practice charges and counseling both unionized and non-unionized employers on various aspects of labor relations. Committed to protecting businesses and ensuring compliance with California's dynamic employment laws, she also provides comprehensive legal representation with assertive and innovative strategies to navigate the complexities of the legal landscape. Shay was named to the 2023 and 2024 lists of "Ones to Watch" by Best Lawyers in America(R). She graduated Order of the Coif and Order of the Barristers from McGeorge School of Law in 2015.

About CDF Labor Law LLP

For 30 years, CDF Labor Law LLP has distinguished itself as one of the top labor, employment and business immigration law firms in California, representing employers in single-plaintiff and class action lawsuits and advising employers on related legal compliance and risk avoidance. The firm has five offices throughout California - in Sacramento, San Francisco, Los Angeles, Orange County and San Diego.

For more information, visit: https://www.cdflaborlaw.com/ and find CDF on LinkedIn to learn more about how the firm protects California employers.

For access to timely alerts on the latest California labor and employment law developments, sign up for the firm's blog by visiting: https://www.CalLaborLaw.com/.

RELATED LINKS:

https://www.cdflaborlaw.com/attorneys/bio/marie-disante

https://www.cdflaborlaw.com/attorneys/bio/desiree-j-ho

https://www.cdflaborlaw.com/attorneys/bio/erin-a.-owen

https://www.cdflaborlaw.com/attorneys/bio/candace-r.-desbaillets

https://www.cdflaborlaw.com/attorneys/bio/dalia-z-khatib

https://www.cdflaborlaw.com/attorneys/bio/linda-wang

https://www.cdflaborlaw.com/attorneys/bio/tashayla-shay-billington

https://www.linkedin.com/company/cdflaborlaw/

Related link: https://www.cdflaborlaw.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, IRS Solutions Software, Product Launches, Software, tax software, Taxes and Accounting

IRS Solutions Releases IRS Advance Notice, Innovative Tax Resolution Platform Feature that Tracks and Alerts Users to IRS Transcript Changes

VALENCIA, Calif. -- IRS Solutions® announces the addition of IRS Advance Notice™ (IAN) to the industry's favorite tax resolution platform. The new feature detects and alerts tax professionals to changes on client IRS transcripts, often months in advance of official notification by mail. CPAs, Enrolled Agents, Attorneys and other tax specialists can work less, earn more, and enjoy steady year-round income with IAN.

The Need for IRS Advance Notice

Former IRS agent David Stone and his wife Suzanne founded IRS Solutions in 2011. A practicing Enrolled Agent, company CEO David Stone uses his insider understanding to develop software that effortlessly generates dependable year-round income by meeting the unique needs of tax professionals.

Speaking about IAN, David Stone says, "Merely reacting to IRS maneuvers isn't enough to provide an exceptional level of service. We must be proactive advocates on behalf of our clients. IAN's transcript monitoring provides clients with a sense of security, protecting them against identity theft, fraud, and other potential risks associated with their tax information."

"No more wasting hours manually sifting through complex transcripts and hoping you don't miss anything," adds Suzanne Stone. "IAN automatically spots tiny but critical changes and lets you know they've occurred."

How IRS Advance Notice Works

Included in every IRS Solutions membership at no additional charge, IRS Advance Notice is software that peers into the IRS system for any updates to transcripts; eliminating the need for constant checking and preventing unpleasant surprises. After a simple, one-time setup, users securely connect to the IRS Transcript Delivery System (TDS) through a proprietary and agency-approved integration, then select from a list of IRS transaction codes they want to be notified about.

In addition, weekly transcript updates are fed directly into your client's profile. IAN observes and alerts to changes like:

* Approvals of Form 2848 (Power of Attorney and Declaration of Representative) and Form 8821 (Tax Information Authorization)

* Impending audit

* Federal tax lien

* Installment Agreement modifications

* Offer in Compromise activity

* Passport holds

Annual transcript monitoring with IAN creates an additional year-round revenue stream and cultivates long-term business relationships by positioning tax pros as trusted advisors. Enrolled Agent Emily VanCamp is leading the way.

"We have had lots of interested people signing up for IAN since we started introducing it," she says. "We think we can realistically expect a 20-30% revenue increase by implementing a full-scale IAN plan this year." Promotional materials including website badges and ready-to-use social media images are provided to all members in an exclusive Marketing Toolbox.

About IRS Solutions:

IRS Solutions is specialized tax resolution software that is designed by tax pros for tax pros. With a monthly or yearly subscription, members gain full access to all features; including comprehensive tax resolution tools like IAN, automated analysis with solution recommendations, bulk transcript downloads, and a custom-branded secure client portal.

Learn more at https://www.irssolutions.com/.

Related link: https://www.irssolutions.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022