Introduction to Personal & Business Tax Returns
Strengthen your ability to analyze personal financial statements and tax returns and utilize key data within a simple, logical and consistent framework.

Part 2 – Introduction to Personal & Business Tax Returns

Tax returns are the primary source of financial information for many consumer and commercial lending decisions. In assessing personal borrowers (or guarantors of business or commercial loans), a personal tax return (PTR) moves the lender beyond the balance sheet and limited income/expense data of personal financial statement (PFS) and into a better understanding of actual cash flow. On the commercial side, a business tax return (BTR) is often the primary resource for both the balance sheet and income/expense data of the business. This seminar focuses on the format and content of a typical PTR and BTR, and demonstrates how to utilize key data.


  • PTR overview and eight items bankers should look for
  • The spectrum of situations, and differentiating between income/expense and actual cash flow items in a PTR
  • Key components and schedules within a personal Form 1040, with a case example
  • BTR overview and determining the basis of accounting used (the tax return format is considered an other comprehensive basis of accounting as an alternative to generally accepted accounting principles or GAAP)
  • Key BTR forms for corporations, S corporations, partnerships and LLCs, including Schedule M-1 and Schedule M-2
  • A short list of formatting differences between business financial statements and BTRs, with a case example


Branch managers, consumer lenders, mortgage bankers, private bankers, small business lenders, commercial lenders, credit analysts, loan review specialists, special assets officers, lending managers and credit officers.


Richard Hamm has been training bankers for more than 23 years, specializing in all phases of commercial lending and credit, including portfolio and risk management, commercial real estate and appraisals and selling and negotiating skills. He has also been involved in director training, loan policy formation, bank formation and strategic planning. He owns/operates Advantage Consulting &Training after a 22-year banking career including senior positions in lending and credit.

Credit Information

Institute of Certified Bankers: Visit aba.com/icb/membercereview for instructions regarding self-reporting. Estimated credits: 2 hours CLBB/CPB per session.


Live Webinar:

Member price: $265.00 | Non member price $530.00

On-Demand Webinar

Member price: $280.00 | Non member price $560.00


Online: Visit the CBA Webinar Catalog

Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)

4434 W. 29th St., Denver, CO  80212

Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)

Please Note:

  • Preferred Payment Method: Online
  • Please register online or by phone when paying with a credit card
  • Payment Must Accompany Registration – Invoices are Not Provided

Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.