Jul 25

What Are Those Partnership & S-Corp Tax Returns Telling Me?

Registration Options & Pricing

Please select your membership status.

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available 6 business days following Live date
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up

9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

Does it seem like a secret decoder ring is needed to convert business tax returns to cash flow? The confusion arises because tax returns were created to report taxable income, not cash flow – which is what is needed to qualify a borrower. Even more complexities arise when a tax return is for a Partnership or S-Corp because both are “pass-through” entities. The business does not pay taxes directly; instead, taxable income is passed through to the owners’ individual tax returns. A lender’s job is to disentangle the passed-through incomes, reassemble them for the business, then determine what net income can be used as qualifying income.

Overestimating the income from a tax return can lead you to approve a weak loan that could result in hundreds of thousands of dollars in losses. Underestimating income can lead you to deny good loans that you need to grant. This webinar will help take the mystery out of Partnership and S-Corp tax returns and you’ll learn how to quickly and reliably identify a business’s real monthly cash flow.

Attendance certificate provided to self-report CE credits.


  • What a ‘pass through’ entity is and how it affects tax reporting and cash flow
  • Identify income that was ‘passed through’ to an individual tax return, but earned by the business
  • The value of the Schedule K-1 in analyzing cash flow
  • Convert an accrual basis tax return to cash basis
  • Calculating global cash flow from tax returns

    • Cash flow conversion worksheet
    • Accrual to cash worksheet
    • Simple global cash flow worksheet
    • Employee training log
    • NEW – Interactive quiz


This informative session is designed for chief lending officers, service representatives, new accounts personnel, loan officers, loan underwriters, credit analysts, loan processors, branch managers, CEOs, and other key lending staff.


"Credit Analysis & Underwriting Series:
Global Cash Flow Analysis for Underwriters & Credit Analysts"

Wednesday, March 27, 2019

All webinars are available for six months after broadcast


NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.


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