Corporate Tax Returns: Analysis, Limitations & Red Flags

On-Demand Webinar:

StreamedNov 21, 2024Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

Like many sources of information, corporate tax returns have limitations that can impact the quality of your analysis. This webinar will teach you about red flags, as well as how corporate tax returns compare to and should be used in conjunction with typical financial statements. You will leave with a comprehensive understanding of corporate tax returns, including key forms like Forms 1120, 1120-S, and 1065. Don’t miss it!

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Uncover and identify red flags that could signal financial instability, such as unusual deductions, inconsistent revenue trends, and high debt levels
Employ best practices for cross-referencing tax returns with financial statements, evaluating profit margins, and analyzing cash flow to make more informed credit decisions
Understand the limitations of corporate tax returns, including differences between tax accounting and GAAP and how aggressive tax strategies might mask financial weaknesses
Engage with practical case studies and examples to apply your knowledge and sharpen your ability to spot potential issues in corporate tax returns

WEBINAR DETAILS

Corporate tax returns contain a myriad of information and are often the only financial information received from corporate entities. This presentation will cover the types of corporate tax returns and the important information contained not only in the return itself but in the typical schedules you will encounter. It will address analyzing income and revenue, reviewing deductions and expenses, assessing the balance sheet and depreciation schedules, and understanding owner compensation and distributions. The typical schedules and statements that make up the corporate tax return will also be covered.

WHO SHOULD ATTEND?

This informative session is designed for credit analysts, loan officers, loan review officers, and anyone interested in having a more thorough understanding of corporate tax returns.

TAKE-AWAY TOOLKIT

Checklist for analyzing corporate tax returns
Resource guide for additional information on tax return analysis
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

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