Education & Events

Determining Cash Flow from Personal Tax Returns After 2018 Tax Reform Part 2: Schedules D, E & F

Date: 
Feb 25, 2019
Program Overview: 

Monday, February 25, 2019, 3:00 - 4:30 pm

This is the biggest change in some tax forms in 20 years!

With the 2018 Tax Cuts and Jobs Act there are important tax law changes and some of the IRS tax forms are hardly recognizable.  Even experienced lenders and credit analysts will feel like they’re starting over.  The good news is that the basic concepts are the same.  Tax returns show taxable income.  But borrowers don’t repay debt with taxable income; they use cash flow.  The trick is learning how to obtain a reliable monthly or annual cash flow from a personal tax return.  Incorrectly estimating cash flow from a tax return can result in bad loan decisions – or missed opportunities.  Once you’ve properly converted taxable income into cash flow, that information can be used in your credit scoring model, debt-to-income ratio, or disposable income calculation.

 Designed for consumer and commercial lenders, this two-part series will teach you an easy, reliable method to convert a borrower’s personal tax return (Form 1040) into a cash flow statement using the free software included with this course.  Part 2 will cover Schedule D (Capital Gains and Losses), Schedule E Page 1 (Rental Real Estate and Royalties), Schedule E Page 2 (Income or Loss From Partnerships and S Corporations), and Schedule F (Profit or Loss From Farming).  (Note:  This method does not follow Fannie, Freddie, or QM rules used in mortgage lending.)

Topics: 

HIGHLIGHTS

  • Schedule D:  Are these sales/gains recurring, qualifying incomes or one-time gains?
  • Schedule E Page 1:  More than adding back depreciation, find the real cash flow from rentals and royalties
  • Schedule E Page 2:  Most information ‘passed through’ from partnerships or S corps doesn’t represent cash flow – learn to distinguish phantom income from real cash flow
  • Schedule F:  How to identify hidden income in farm tax returns

 

  • TAKE-AWAY TOOLKIT
    • Free copy of Lenders Tax Analyzer© software
    • Employee training log
    • Quiz to measure staff learning and a separate answer key
Speaker: 

ABOUT THE PRESENTER – S. Wayne Linder, Young & Associates, Inc.

A thirty-year banking veteran, Wayne Linder was formerly the CEO of a community bank.  As a Senior Consultant with Young & Associates, Wayne works as a lending and management consultant.  He assists financial institutions under regulatory enforcement agreements, develops and implements written lending policies, and develops educational material for in-house lending training.  Wayne is a popular seminar speaker with both national and international experience.


Involved with financial institutions since 1989, Mary-Lou has over 20 years’ compliance experience.  Before starting Compliance Plus in 2000, she spent five years working as a loan officer, marketer, and collector. She also worked at a state trade association for seven years providing compliance assistance and advising on state and federal legislative issues that affect financial institutions.


 

Agenda: 

WHO SHOULD ATTEND 

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

 

 

 

 

 

 

 

 

 

 

Fees: 

MEMBER

Live Webinar
    $255.00 Single Location
    $150.00 Each Additional Location

Recorded Webinar & Free Digital Download
    $255.00

Premiere Package (Live & Recorded Webinar with Free Digital Download)
    $375.00

Additional Information: 

DON’T MISS PART 1!

This program is the second of two in a series

Determining Cash Flow from Personal Tax Returns After 2018 Tax Reform Part 1: Newly Revised Form 1040 & Schedules B & C
Thursday, January 24, 2019

All webinars are available for six months after broadcast

Association Contact: 

If you have any questions or need additional information, please contact Marcy Borden at 317-387-9380 or mborden@indianabankers.org

Cancellation Policy: 

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.

Webinar Options: 

1.  Live Webinar
The LIVE WEBINAR option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone. Registrants receive a toll-free number & pass code that will allow entrance to the seminar. Seminar materials, including instructions, pin number, and handouts will be emailed to you prior to the broadcast.  You will need the most current version of Adobe Reader available free at www.adobe.com.

2.  Recorded Webinar & Free Digital Download
Can’t attend the live webinar?  The recorded webinar & Free Digital web link is a recording of the live event, including audio, visuals, & handouts. We even provide the presenter’s email address so you may ask follow-up questions.  Approximately one week prior to the webinar, you will receive an email with the web link.  This web link can be viewed anytime 24/7, beginning 6 business days after the webinar and will expire 6 months after the live program date.  

LIMITED AVAILABILITY:  The Recorded Webinar & Free Digital Download web link may ONLY be ordered for 6 months following the webinar.

3.  Both Live Webinar & Recorded Webinar & Free Digital Download
Includes options 1 and 2 above

Related Events

Hoosier Banker Digital

Hoosier Banker Media Kit