Educational Events : Virginia Association of Community Banks

Coming Events:

Program Title :	What is that Personal Tax Return Telling Me? Schedules E & F
Date :	Thursday, March 25th, 2010
Time :	3:00 - 4:30 PM Eastern Time
Download the Brochure.

About The Program :
With the current economy, understanding the true cash flow of borrowers is important. This webinar will help take the mystery out of borrowers’ personal income tax returns. Take the mystery out of borrowers’ tax returns. No more guessing how much income your borrower is really earning. Learn how to identify actual cash flow quickly and reliably. Usually cash flow and taxable income are different. Overestimating the income from a tax return can lead you to approve a weak loan that could eventually cost you tens of thousands of dollars. Conversely, underestimating income on a tax return can lead you to deny good loans that your bank and your customer need in this tough economy. This program will include many examples and will make the process of analyzing tax returns remarkably simple. DON’T MISS SCHEDULES B, C & DThis program is the second of two in a series. Watch for “Reading & Understanding Personal Tax Returns: Schedules B, C & D” on Thursday, February 11, 2010. If you missed it, you can order a CD recording of the live webinar, complete with handouts.

Topics Covered :

Schedule E Page 1
• What is the real cash flow effect from a rental property?
• Recognizing the effect of interest expense and principal paid on debt ratios and cash flow
Schedule E Page 2
• Partnerships – Learning that the information on the tax return is usually useless for a loan officer
• Identifying ways to find the borrower’s real cash flow from an S Corp
Schedule F, Farm income
• Picking up additional income that might be hidden in farm income

About The Presenter : Tim Harrington, CPA, TEAM Resources
Tim Harrington is a Certified Public Accountant. Since 1992, he has taught lending personnel how to obtain monthly income from tax returns. Since 1996, Tim has been President of TEAM Resources, a firm which provides consulting, strategic planning, and training from coast-to-coast. As a faculty member of two CUNA schools on finance and tax, Tim has consulted with, and provided training for, hundreds of financial institutions. In addition, he is the author of the popular lending software “Lenders Tax Analyzer.”

Who Should Attend :
This informative session is designed for anyone in lending, including chief lending officers, CSRs, new accounts personnel, loan officers, loan underwriters, credit analysts, loan processors, branch managers, CEOs, and other key lending staff.PLEASE NOTE: Your registration fee allows you to have one telephone connection. However, as many people as you like may listen from your office speaker phone. If you register for the webinar, your registration fee also includes one internet connection from a single computer terminal.

[ Return to Calendar of Events ]

Register For this Program Now!

First Name*, Last Name:*

Bank (or company) Name:*

Title:

Address:*

Address(2):

City,* State,* ZIP*:

Phone*, FAX:

E-mail:*

Program Format:

Payment preference:

Check
Visa

Send me an invoice
MasterCard

Program : What is that Personal Tax Return Telling Me? Schedules E & F

Program Fees:

Live Webinar	................	VACB Member: $250 Non-Member: $500
On-Demand Webcast with CD	................	VACB Member: $250 Non-Member: $500
Live Webinar, on demand link and free CD	................	VACB Member: $275 Non-Member: $550

What is a Teleseminar / Webcast?

This training method allows unlimited listeners on your office speaker phone. By choosing the webcast option, participants will also be able to view online visuals as the presentation is delivered. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be one hour and fifteen minutes in length with an additional fifteen minutes for questions and answers. Seminar materials will be sent prior to the broadcast along with hook up instructions. Your pin number, hookup instructions and handouts can be emailed to you or sent U.S. Mail. If you would like them emailed, you will need the most current version of Adobe Acrobat Reader, which is available for free at www.adobe.com. Registration is not complete without payment of fee. Upon payment of fee the hookup instructions will be forwarded to you for participation in our live Teleseminars / Webinars.