Personal and Business Tax Returns Analysis - 1040 Federal Tax Returns, K-1 Forms and Tax Code Updates

Why Should You Attend:

Attend this proactive webinar 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 both commercial and consumer lending purposes. The first part of this webinar will concentrate on personal tax return analysis while the second part will focus on the analysis of various business tax returns

Learning Objectives:

The objectives of the first part of the webinar 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” (TCJA), the CARES Act, and proposed tax legislation and how they affect the bank’s individual borrowers/guarantors, and
• Describe how the 1040 tax return can be used to market the bank’s products and services.

The second part includes:

• 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 Will Benefit:

• Commercial Lenders
• Credit Analysts
• Loan Documentation Specialists
• Relationship Managers
• Branch Managers
• Private Bankers
• Business Development Officers
• Bank Directors
• Compliance Managers and Officers
• Risk Managers and Officers
• Controllers
• Presidents/Vice Presidents
• Managers/Supervisors
• Sales Representatives
• Marketing Personnel
• Retail Businesses Owners
• Maintenance and Security Employees
• Stock Room Personnel
• Business Vendors

David L Osburn
Owner, Osburn and Associates, LLC

David L. Osburn is the founder of Osburn & Associates, LLC, a business training and contract CFO firm that provides webinars, seminars, and keynote speeches for CPAs, bankers, attorneys, credit managers, and business owners on topics such as banking/finance/credit, negotiation skills, marketing, and management issues.

Mr. Osburn’s contract CFO clients include medical practitioners, financial institutions, law firms, CPA firms, architects, real estate developers, and contractors. His extensive professional background of over 30 years includes 16 years as a business trainer/contract CFO and 16 years 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.

He has been an adjunct college professor (MBA and undergraduate courses) for over 30 years, teaching at Regis University and the College of Southern Nevada. He holds an MBA from Utah State University, a BS in Finance from Brigham Young University, and is a graduate of the ABA National Commercial Lending School at the University of Oklahoma. Additionally, Mr. Osburn holds the professional designation of Certified Credit & Risk Analyst (CCRA) as granted by the National Association of Credit Management (NACM).

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