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Meals and entertainment

New rules for meals and entertainment may change your cashflow analysis

Ron’s question: Is entertainment still deductible? If not, where do I find it?...
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Tax Return Analysis

When to use K-1 Pass-Thru Income for Personal/Owner Analysis?

Ron’s question: I am a commercial real estate lender for a small bank. In the past I’ve...
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Cash vs Property K-1 Distributions: Which do you count?

Tim’s question: Previously the Federal IRS business tax returns would indicate whether...
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Pass-Through from a K-1: Count Qualified Dividends?

Amy’s question: If a 1065 K-1 reports qualified dividends paid to an individual partner...
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Do I use OBI or NIPB in Global Cash Flow?

Jennifer’s question: Hi Linda, I had my first conflict on Operating Business Income (OBI)...
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PPP Loans: 4 approaches, 4 different loan amounts

{Updated 4/10/2020 for information on seasonal workers, banker reliance on borrower documents,...
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Coronavirus: How the 2020 delayed 1040 due date will impact bankers

As I write this, the IRS has agreed to a delay filing of the 1040 tax return and payment of ...
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Rental

PI or PITI Confusion…

Mandi’s question: I recently purchased your Essentials 1040 Review and Beyond the Basics...
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Is your borrower’s business a hobby?

You may wonder why you should care if an individual, either your borrower or the guarantor of...
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