Events

complimentary webinar
Unraveling the Mysteries of K-1s and Pass-Throughs: The Secret to Understanding U.S. Personal Tax Returns.
April 15, 2008, at 12 pm EDT
April 15, 2008, at 3 pm EDT
April 23, 2008, at 12 pm EDT
(All sessions are full.)

webinar series
Commercial Real Estate Loan Analysis: Improving Underwriting Skills for Today’s Credit Environment.
April 22, 24, 29 and May 1, 2008
at 12 pm EDT

complimentary webinar
Corporate Finance: Viewing Investment Decisions through Your Customers’ Eyes
May 15, 2008, at 12 pm EDT

webinar replay
The Profit Potential in Creating, Advancing, and Sustaining Customer Connections

webinar replay
Leadership Meltdown: Freeze - Wait - Reanimate. Master a three-step system for re-energizing when the heat is on

Unraveling the Mysteries of K-1s and Pass-Throughs
The Secret to Understanding Personal Tax Returns

Tuesday, March 13, 2007
12:00 - 1:00 pm EDT
Register Now! (access webcast replay)

Audience
Retail lenders, private bankers, wealth management and business bankers

Abstract
If your customers have an ownership interest in a business or benefit from a trust or estate, it is likely that some of the income and expenses captured in their personal tax returns are not actually cash.

Each partnership, S corporation, estate, and trust must provide the owners or beneficiaries with a Form K-1 showing the owner’s or beneficiary’s share of all taxable items. Those taxable items appear throughout the tax return—some of them in places that a lender would generally assume are cash income such as interest income and dividends.

How do you know what is truly cash and what is not? Those K-1s are the key to an accurate cash flow analysis.

During this 60-minute, complimentary webinar, Jan Abrams, Omega Performance’s senior project manager, will reveal the secrets of those mysterious K-1s. Jan will tell you how to find the true cash items from among the pretenders. After all, only cash can repay loans!

Objectives

• Review the three different kinds of K-1s
• Discuss how to find cash items and non-cash items in a personal tax return

Benefits to Your Organization

• Improve credit quality and reduce risk
• Increase lender productivity
• Strengthen customer relationships