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Monthly Archives: January 2012

% Ownership: Conflict between K-1 and Operating Agreement

Your question:

When would the % capital ownership on a partnership/LLC k-1 be different than the agreed upon amount in their operating agreement?

Linda says:

You have two choices. Choice # 1: The tax return was prepared incorrectly. Sad, but true that not every preparer gets it right every time.

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The FDIC and Global Cashflow: A Typical Question

Brian Hamilton, President of Sageworks Loan Analysis Software, will be addressing FDIC examiners in a few days about global cash flow.

He asked for my thoughts about lender/analyst’s typical questions, trickiest questions and what examiners should be asking about global cash flow in your financial institution.

So here is part one…a typical question on global cash flow.

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