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Industry News Categories

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November 12, 2013 in Tenant Income

Social Security: Cost of Living Increase for 2014

PMCS 0 Like Post Comments Off on Social Security: Cost of Living Increase for 2014

The Social Security Administration has announced that the cost of living adjustment (COLA) will be 1.5% for Social Security and Supplemental Security Income (SSI) benefits in 2014. The Medicare Part B ...

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August 3, 2012 in Certs/ 50059s (Including income/assets/expenses), Expense Calculations, Tenant Income

New Income Exclusions: Update your 4350.3

PMCS 0 Like Post Comments Off on New Income Exclusions: Update your 4350.3

HUD published “Federally Mandated Exclusions from Income” (Docket No. FR–5635–N–01) in the Federal Register on July 24, 2012.  Be sure to update Exhibit 5-1 (Income Inclusions and Exclusions) in your ...

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July 1, 2012 in Certs/ 50059s (Including income/assets/expenses), Tenant Income

The Work Number – Fees are Here to Stay

PMCS 0 Like Post Comments Off on The Work Number – Fees are Here to Stay

During recent TRACS Industry Meetings, owner/agents let Policy know that properties are being charged a fee to use The Work Number.  Previously free, this service provided wage verification, which was ...

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