Part 1 - Understanding & Using Personal & Business Tax Returns
Tax returns can provide a significant source of information once you understand the format, content and purpose of the many forms and schedules. This fast-paced session will help both consumer and commercial lenders better understand and use tax returns to improve the quality of loan decisions. This program will improve your ability to more fully understand the financial strength of an individual or company. The information presented will also help you improve customer service, protect the bank and enhance career development.

Highlights include:

• The difference between IRS tax return and Generally Accepted Accounting Principles (GAAP)
• The most important questions to ask about tax returns for individuals, corporations and partnerships
• Case study regarding Form 1040 and supporting schedules
• Developing cash flow from a personal tax return
• Evaluating a company`s earnings and financial condition using a tax return
• Limitations regarding the use of tax returns
• Easy-to-use forms/worksheets.

All sessions include ample time for questions and answers

Presenter
Bob Ullom, brings 30 year’s commercial lending and bank management experience to his lively sessions. As founding President/ CEO of two start-up banks, he led both to sound, profitable status. Bob currently provides training and education in over 35 states.

Audience
The series is taught at the basic level; however, it is appropriate for new and experienced personnel. Consumer and commercial lenders, credit analysts, loan review and department managers
will benefit.