Overview
Attend this proactive seminar and gain an understanding of the often complex and confusing topic of TAXES!
Bank personnel are required to obtain and properly interpret tax returns for consumer, mortgage and commercial lending purposes. The first part of this seminar will concentrate on personal tax return analysis while the second part will focus on the analysis of various business tax returns.
Objectives
The objectives of the first part of the seminar consist of the following.
- review the basic structure of the personal 1040 federal tax return (including the various schedules and K-1 forms)
- use analysis techniques to prepare a personal cash flow from information gleaned from the 1040 and the related schedules
- discuss recent changes in the tax code including the Tax Cuts and Jobs Act, the CARES Act and proposed tax legislation and how they affect the bank’s individual borrowers/guarantors
- describe how the 1040 tax return can be used to market the bank’s products and services
The second part includes the following.
- discuss the structure of a C corporation, S corporation, and partnership (including LLC) tax return
- analyze business tax returns and prepare cash flows for these entities
- draw additional information from the business returns including identifying fraudulent tax returns
- discuss updates in the tax code including the TCJA, CARES and proposed tax legislation as they apply to businesses
Who Should Attend
commercial lenders, credit analysts, mortgage lenders, consumer lenders, loan documentation specialists, branch managers, assistant branch managers, private bankers and business development officers
Presenter
David L. Osburn
Osburn & Associates, LLC
David Osburn is the founder of Osburn & Associates, LLC, a business training and contract CFO firm. His extensive professional background of more than 30 years include work as a business trainer/contract CFO and work as a bank commercial lender, including the position of vice president/senior banking officer. His banking credentials include loan underwriting, loan work-out, management and business development.
Osburn holds the professional designation of Certified Credit & Risk Analyst as granted by the National Association of Credit Management.
For More Information
Print Program Details
Contact the MBA Education Department at 573-636-8151 or email.