WR Seminar: Analyzing Complex Tax Returns

11/04/2014 - 11/04/2014

Newport Beach, CA

Program Time: 8:30 a.m. - 4:30 p.m.

Analytical skills and sound judgment are necessary when evaluating the complex tax returns. Accountants for the self-employed and contract employees are experts at reducing their client’s tax liabilities by minimizing their current net income. The tax return reveals the borrowers taxable income, but lenders really looking for the CASH FLOW as this is what will be used to pay back the loan. It’s imperative that Participants understand how to figure income and what income is allowable per secondary market and bank policies and procedures.

Participants of this course will learn to comprehend and analyze difficult evaluate tax documents for and Individual Income and business Income Tax returns (including Corporate Tax returns).

Increased familiarity of Tax Forms including but limited to:

  • 1040 (Individual) / W-2’
  • 1098’s forms
  • 1099 Financial and Government, and Pension
  • 1065’s / K- 1 Partnership Returns
  • 1120 (Corp) / 1120S (S-Corp)
  • Schedule A (Itemized Deductions)
  • Schedule B (Interest and Dividend Income)
  • Schedule C (Business Income and Expenses)
  • Schedule D (Capital Gains and Losses)
  • Schedule E (Rental Income and Expenses)

Instructor: Greg Jordan Sr.

Who should attend: Loan Officers, Underwriters, Processors, Credit Analysts, In Line Quality Assurance (ILQA) teams, Managers and anyone with who performs credit analysis.

Class Location:
CIB Conference Center, 4685 MacArthur Court, 3rd Floor, Newport Beach 92660

7.5 CPE Credits

Program Level: Basic-Intermediate

Hotel Information:
CIB has not secured a room block for this program. Should your travel plans require a room, please contact CIB directly at (800) 627-6613 or gocib@cib.org for a list of hotels within walking distance to the meeting location.

Members: $325
Nonmembers: $375