RMA Analyzing Business Tax Returns 2021 (B) | Risk Management Association (RMA) | 8 February 2021 | Virtual Event

Now offered as a virtual course, taking place in a virtual classroom setting via Zoom, Analyzing Business Tax Returns enables bank personnel to understand tax concepts relating to various business entities and the use of tax returns in estimating the customer’s ability to service debt, including how taxes influence cash flow and customer operations. Through a mix of case studies, small group activities, and active discussions, participants are better prepared to apply the content learned when they return to their jobs.

Objectives:
After completing Analyzing Business Tax Returns, participants will be able to:
• Identify key differences between financial statements and tax returns
• Identify the characteristics, advantages, and disadvantages of C corporations, S corporations, partnerships, and LLCs
• Follow the steps of the cash flow estimation process
• Identify key content in tax forms relevant to credit and cash flow analysis
• Apply fundamental tax principles
• Estimate cash flow from business activities
• Estimate debt service coverage
• Make appropriate adjustments to estimate future cash flow

Analyzing Business Tax Returns is designed primarily for commercial loan officers who lend to individuals and small businesses.