Determining Cash Flow From Personal Tax Returns Part 1: Form 1040, Schedules B & C - Details
Session Available from: Dec 14, 2020 12:00 to Aug 18, 2021 12:00

Session Options: Webinar, Recorded, Both Live/Recorded

Live Session Date: Feb 18, 2021

 
Add to calendar /education-events/event/1356/Determining-Cash-Flow-from-Personal-Tax-Returns-Part-1--Form-1040--Schedules-B-&-C-?Itemid114= 2021-02-18 14:00:00 2021-02-18 15:30:00 0 Determining Cash Flow from Personal Tax Returns Part 1: Form 1040, Schedules B & C Determining Cash Flow from Personal Tax Returns Part 1: Form 1040, Schedules B & C (90-minute webinar –... - US - YYYY/MM/DD

Event description:

Determining Cash Flow from Personal Tax Returns Part 1: Form 1040, Schedules B & C

(90-minute webinar – recording also available)

Thursday, February 18, 2021

12:00 PM Pacific       1:00 PM Mountain

2:00 PM Central       3:00 PM Eastern

Using personal tax returns to determine a borrower’s actual cash flow available to service debt is as challenging as ever. Join us to learn the latest techniques to help you sort out all that tax data and find exactly the information you need. 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Understand the concept of recurring income
  • Find employee business expenses that might not count toward cash flow
  • Identify actual cash flows from Schedule B: Interest and Dividends
  • Correctly account for pass-through interest and dividend income earned from Partnerships and S Corporations contained on Schedule B
  • Identify hidden income and expense in a Sole Proprietorship

WEBINAR DETAILS

What does a lender need from a personal tax return? Simple. They need to determine if there is reliable, recurring cash flow available to make debt payments. Unfortunately, tax returns were never designed to show cash flow. They show taxable income.

With the information from this session, along with the free Lenders Tax Analyzer© software included with your registration, you will learn an easy, reliable method to convert a borrower’s personal tax return (Form 1040) to an accurate cash flow statement.

In Part 1 of this 2-part program, we will dissect the front page of Form 1040, Schedule B (interest and dividend incomes), and Schedule C (sole proprietorship incomes). When you finish this session, you will be able do a little ‘magic’ and convert taxable income into actual cash flow that you can plug into your credit scoring model, your debt-to-income ratio, or your disposable income calculation.

Note: This session is designed for consumer and commercial lenders. This method does not follow Fannie, Freddie, or QM rules used in mortgage lending. 

WHO SHOULD ATTEND?

This informative session is designed for anyone in the lending area including chief lending officers, CSRs, new accounts personnel, loan officers, loan underwriters, loan sales officers, credit analysts, loan processors, branch managers, CEOs, and other key staff in the lending process. 

TAKE-AWAY TOOLKIT

  • Every participant will receive a free copy of Lenders Tax Analyzer© software.
  • Employee training log
  • Interactive quiz 

DON’T MISS THESE RELATED WEBINARS!

Determining Cash Flow from Personal Tax Returns Part 2: Schedules D, E & F

on Wednesday, March 3, 2021 

Calculating Cash Flow from Corporate Tax Returns

on Wednesday, January 27, 2021

Calculating Cash Flow from S-Corporation & Partnership Tax Returns

on Thursday, February 4, 2021 

Tim Harrington    MEET THE PRESENTER - 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.

THREE REGISTRATION OPTIONS – WHAT YOU GET

1. Live Webinar Includes

  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up 

2. Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up

3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE

 

Registration options:
Add to cart Qty Ticket Name Ticket Price
Determining Cash Flow from Personal Tax Returns Part 1: Form 1040, Schedules B & C - Recorded Webinar + Free Digital Download - Member $290.00
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$ 290.00
Add to cart Qty Ticket Name Ticket Price
Determining Cash Flow from Personal Tax Returns Part 1: Form 1040, Schedules B & C - Recorded Webinar + Free Digital Download - Non-Member $350.00
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$ 350.00
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Bank regulations are ever-changing. Get the up-to-date information you need to guide and structure your in-bank compliance program. Our system gives you 24/7 access to some of the best compliance experts in the industry.

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