Feb 4, 2021
3:00 pm – 4:30 pm EST
(90-minute webinar – recording also available)
Does it ever seem you need a secret decoder ring to convert business tax returns to cash flow? This session will help take the mystery out of Partnership and S-Corp tax returns so you can identify real cash flow quickly and accurately.
To qualify a business borrower for a loan, you need to be able to determine the cash flow of the business entity (or entities) involved. Tax returns were designed to report taxable income, not cash flow. Partnerships and S-Corps are pass-through entities, meaning that they do not pay taxes directly. Instead, they pass the taxable income through to the owners’ individual tax returns. Your job is to disentangle all the passed-through incomes, reassemble them for the business, then determine what cash flow will be used as qualifying income.
Overestimating income from a tax return may lead to the approval of a weak loan that could cost your institution hundreds of thousands of dollars in losses. Underestimating income can lead you to deny loans that should be approved, resulting in missed opportunities to grow your loan base. This session will help take the mystery out of Partnership and S-Corp tax returns so you can identify real cash flow quickly and accurately.
WHO SHOULD ATTEND?
This informative session is designed for anyone in the lending area including chief lending officers, loan officers, loan underwriters, loan sales officers, credit analysts, loan processors, branch managers, CEOs, and other key staff in the lending process.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
Tim Harrington, CPA, TEAM Resources
Tim Harrington is President of TEAM Resources and has been a financial institution consultant for over 28 years. Tim has advised lenders on verifying income from tax returns since 1992, and consults with financial institutions nationwide on issues of strategy, profitability, and board governance. He speaks at nationwide conferences and has presented in Canada, Mexico, Puerto Rico, Jamaica, and the Virgin Islands. Tim is the author of the popular software, Lenders Tax Analyzer. In addition, his book “Eisenhower on Enlightened Leadership” has been used by management teams nationwide to improve leadership skills. He did his undergraduate studies at Gonzaga University and graduate studies at the University of Washington.
Webinar Details Continued:
Participants will gain insight from an attorney and “recovering” BSA officer as he guides you through the law, program requirements, essential elements of the BSA officer’s responsibilities, available resources, and highlights of the most common compliance landmines. Whether you are an experienced executive or a novice BSA officer, you are sure to benefit from this great overview of the evolving BSA responsibilities every financial institution faces daily.
$255.00 Up to three locations
$155.00 Each additional location
Recorded Webinar & Free Digital Download (Available two business days after Live Webinar date)
Premiere Package (Live & Recorded Webinar with Free Digital Download)
If you have any questions or need additional information, please contact Marcy Borden at 317-387-9380 or email@example.com
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. If your bank is unable to participate after registering, you can select to purchase the on-demand presentation.