Bank personnel are required to obtain and properly interpret tax returns for consumer, mortgage, and commercial lending purposes. The first part of this seminar will concentrate on personal tax return analysis while the second part will focus on the analysis of various business tax returns.
The objectives of the first part of the seminar consist of the following:
1) Review the basic structure of the personal 1040 federal tax return (including the various schedules and K-1 forms),
2) Use analysis techniques to prepare a personal cash flow from information gleaned from the 1040 and the related schedules,
3) Discuss recent changes in the tax code including how they affect the bank’s “individual” borrowers/guarantors, and
4) Describe how the 1040 tax return can be used to market the bank’s products and services.
The second part includes:
1) Discuss the structure of a C corporation, S corporation, and Partnership (including LLC) tax return,
2) Analyze business tax returns and prepare cash flows for these entities,
3) Draw additional information from the business returns including identifying fraudulent tax returns, and
4) Discuss updates in the tax code and proposed legislation and how they apply to businesses.
Who Should Attend
Commercial lenders, credit analysts, mortgage lenders, consumer lenders, loan documentation specialists, branch managers, assistant branch managers, private bankers, and business development officers
Presenter- David L. Osburn
David is the founder and managing member of David L. Osburn & Associates LLC, a Las Vegas-based business training and contract CFO firm that provides seminar/keynote speeches for various groups including CPAs, bankers, attorneys, credit union employees, credit managers, trade groups, and business owners. He also serves as a contract CFO for several clients including construction companies, medical practitioners, and real estate developers, co-manages a bank educational program with the University of Nevada Las Vegas, and is a board member of North Star Business Services, a commercial lending company (commercial real estate and equipment financing).
His extensive professional background encompasses over 24 years in banking, finance, and marketing. His bank commercial lending credentials include comprehensive loan underwriting, management, customer development, and loan work-out experience.
In addition, David is an Adjunct Professor for Regis University, an accredited MBA program and the College of Southern Nevada, a community college. He has taught college courses for over 22 years, covering Finance, Accounting, Economics, Marketing, Banking, Business Law, and Management.
He earned an MBA in Finance/Marketing from Utah State University and a BS in Finance from Brigham Young University. He is also a graduate of the University of Oklahoma National Commercial Lending School.
In person fee covers instruction, reference materials, refreshment breaks, and lunch each day. Please register early. The TBA office must receive early registrations by close of business on August 14. Day-of-program registrations include an additional $50 late registration fee—no exceptions! No written confirmation of seminar registration will be sent from the TBA. Participation in TBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or nonmember rates.
SCHEDULE:
8:30am Registration/ Breakfast
9:00 am Program begins
Noon Lunch
1:00 Program resumes
4:00 Adjourn
Delivery Method and Program Level/Content
This is a live, overview program. There is no prerequisites or advanced preparation needed. Each participant will receive a manual as a reference guide with vital information participants can use every day. The instructor will take time to discuss and answer questions that participants may have and will share important and practical information concerning the day’s topic.
Continuing Education Credit
Attendees qualify for 6.5 hours of Continuing Professional Education (CPE) credit in the area of Specialized Knowledge and MUST be sure to sign in and out on the CPE attendance tracking sheet in order to receive credit. In accordance with the standards of the National Registry of Continuing Professional Education (CPE) Sponsors, CPE credits have been granted based on a 50-minute hour. Tennessee Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors (150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417). Visit their website at www.nasba.org. For additional continuing education information, administrative policies or complaints, call the TBA education department at 615244-4871 or 800-964-5525.
Full Agenda