Linda Keith CPA » Tax Return Analysis

What to do with 481a adjustment?

Charlene’s and Yousaf’s question: Both Charlene and Yousaf had a question about...

19 Dec 2018

Linda Keith, CPA

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add-back, Tax Return Analysis

How does Treasury Stock impact cashflow?

Dawn's question:

What information is disclosed on the 1120S, Schedule L, line...

12 Jun 2014

Linda Keith, CPA

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1120S, Stock Transactions as Cashflow, Tax Return Analysis

Does it matter if Sch C/F is filed by sole prop or one-owner LLC?

Well, I think so and here is why.

Downside of a sole proprietorship

If a...

10 Jun 2014

Linda Keith, CPA

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LLCs, loan decisions, Risk mitigation, sole proprietorships, Tax Return Analysis

Where do I find shareholder contributions and distributions?

Pam's question:

Unlike the 1065 K-1 for partnerships and LLC's, I find that...

11 Mar 2014

Linda Keith, CPA

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Contributions, Distributions, Financial Statement Analysis, K-1 Pass-Thru income, Tax Return Analysis

Tax Forms not required by IRS: What are we missing?

Eric's question:

Many of my borrowers give me as few tax forms as they think they can...

18 Feb 2014

Linda Keith, CPA

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Missing Forms, Tax Return Analysis

Debt Shortcut: When and How

Teresa's question:

I have heard of a shortcut for debt that you can use when...

13 Jan 2014

Linda Keith, CPA

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Credit analysis, debt, Debt Coverage Ratio, debt shortcut, Linda Keith CPA, Tax Return Analysis

Startpoint: Taxable income or net income per books?

Tierney's question:

We are being encouraged to start with the net income per...

12 Dec 2013

Linda Keith, CPA

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Balance Sheet, cashflow analysis of tax returns, Tax Return Analysis

LLCs and Negative Rental Cashflow

David's question:

The borrower has two rentals owned by separate LLCs and...

30 Oct 2013

Linda Keith, CPA

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LLCs, Rental cashflow, Tax Return Analysis

Basics for Bankers: Reconciling Net Income per Books to Taxable Income

Thomas's question:

Our bank used CPA-prepared financials on the accrual basis...

10 Oct 2013

Linda Keith, CPA

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1120S, 1120s Schedule M-1, accrual basis tax returns, cash basis tax returns, cashflow analysis of tax returns, Tax Return Analysis

Tax Returns vs. Tax Account Transcripts

Andrew's question:

We have a borrower who provided an IRS Transcript in lieu of a...

18 Sep 2013

Linda Keith, CPA

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Financial Statement Analysis, IRS, Tax Account Transcripts, Tax Return Analysis

12 3 4 5

Tag

What to do with 481a adjustment?

How does Treasury Stock impact cashflow?

Dawn's question:

Does it matter if Sch C/F is filed by sole prop or one-owner LLC?

Downside of a sole proprietorship

Where do I find shareholder contributions and distributions?

Pam's question:

Tax Forms not required by IRS: What are we missing?

Eric's question:

Debt Shortcut: When and How

Teresa's question:

Startpoint: Taxable income or net income per books?

Tierney's question:

LLCs and Negative Rental Cashflow

David's question:

Basics for Bankers: Reconciling Net Income per Books to Taxable Income

Thomas's question:

Tax Returns vs. Tax Account Transcripts

Andrew's question:

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