Effective Tax Return and Cash Flow Analysis

Course Details

Date

Wednesday, October 30, 2019

5:30am – 1:30pm
(Registration: 5:00am)

Field of Study

Finance

Course Number

4193152B

CPE Credit

8.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CalCPA Education Foundation

Prerequisites

Some knowledge of tax return analysis.

Description

Gain an understanding of how tax return analysis is used to determine an individual's and company's cash flow position. Review tax code updates including the Tax Cuts and Jobs Act and its impact on personal and business cash flow.

Begin by concentrating on personal tax return analysis including reviewing "true" cash flow derived from the 1040 federal tax return (including the various schedules and K-1 forms).

Then focus on the analysis of various business tax returns, including the LLC and S and C corp structure; analyze business federal tax returns; and prepare cash flows for these entities. This section will also assess the company's risk factors using business tax returns and review real estate tax issues; retirement plans and HSAs; estate planning techniques; and year-end tax strategies.

Learn how to use the tax returns to market the CPA practice.

Materials are provided as an ebook.

Highlights

  • Individual and company cash flow analysis using tax return analysis.
  • Personal cash flow and the 1040 return.
  • Business tax return and cash flow analysis for the LLC and S and C corp; global or combined personal and business cash flow.
  • Risk factors using the returns
  • Real estate, retirement plans and HSAs, estate planning and year-end tax strategies.
  • Updates to the tax code including the "Tax Cuts and Jobs Act" (TCJA)
  • Using tax returns to market the CPA practice.

Objectives

  • Determine an individual’s and company’s cash flow position using tax return analysis to improve cash flow, obtain financing or improve business operation.
  • Calculate personal cash flow using 1040 tax return (including schedules and K-1s).
  • Identify risk factors using the returns
  • Recognize tax code updates and ways to use the tax returns to market the CPA practice.

Designed For

CPAs, auditors, financial professionals and tax practitioners.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$245.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$375.00
Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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