Extracting cash flow from a personal tax return is much more detailed than it seems. Overestimating income can lead to approving a weak loan that could eventually cost tens of thousands of dollars. Underestimating income can lead to denying good loans. This session will teach you how to read and understand a borrower's tax return and convert taxable income into cash flow. The program will cover basic incomes, interest and dividend income (Schedule B), sole proprietor income (Schedule C), gains or losses on sales (Schedule D), and installment sale income (Forms 6252 and 4797).
Presenter: Tim Harrington, TEAM Resources
Who should attend: Branch Managers, Frontline, Lenders, Tellers and CEOs
Time: 2 p.m.-3:30 p.m.
Cost: $209 for live webinar only; $229 for live webinar, plus a web link and free CD-ROM
Registration deadline: Friday, Jan. 18
Pairing conferencing capabilities with web technology, this session brings informative, interactive training directly to you. During the webinar, you'll view a real-time PowerPoint presentation on your computer while listening to the audio connection via telephone.
While credit unions are encouraged to use the webinar to train multiple individuals at once, the credit union will be charged for each computer connection that uses its login code. Participants will receive login instructions and handout materials via email prior to the webinar. In addition, registrants may also receive an archive CD-ROM after the live session.