Bill and Jen Walters purchased their home in 2007 and took out a mortgage of $1,000,000. The current loan balance is $875,000 and the fair market value of the home is $1,400,000. The rate on their existing loan is 6% and the current rate for home loans is 4.5% so the Walters would like to refinance to take advantage of the lower interest rate. If the Walters refinance the full $875,000 balance on their mortgage on January 1st of this year, what amount of interest is deductible as an itemized deduction this year

Gyou are in charge of making the work schedule for the next two weeks. typically this is not a difficult task as you work at a routine 8am – 5pm company. however, over the next two weeks you are required to schedule someone to be in the office each saturday. after contemplating this for a few days you make the schedule and assignments. before posting the schedule for everyone you decide that it is a good idea to meet personally with the two people you have scheduled to work the weekend. what do you say to them? what is your desired outcome?