Personal Income Tax Returns & Financial Statements 04/01/19

Personal Income Tax Returns & Financial Statements 04/01/19
The ability to understand and analyze the information contained in personal income tax returns is an important aspect of qualifying retail loan customers. This program will assist lenders in interpreting the information contained in personal tax returns in order to determine the ability of customers to service debt. Attendees will work with federal tax return forms and schedules to help identify the borrowing  capability of customers. Program participants will also learn about the relevance of personal financial statements to the lending process and how to use the information contained in personal financial statements in combination with tax returns.

Sample Topics:
• Understanding those sections of the tax return that are important in order to determine a borrower’s ability to repay loans
• How to identify cash inflows and cash outflows from tax returns
• The relevance of information contained in various Tax Schedules
• Personal Financial Statements and their importance
• Understanding the Cashflow of small businesses (sole proprietorships, partnerships and Limited Liability Companies (LLCs) and how it impacts the personal cashflow of their owners

Credit Analysts, Loan Officers, Branch Managers, Loan Committee members, Retail Lenders


Vince DiCara is the owner and founder of DiCara Training and Consulting, LLC and has been involved in evaluating and meeting the credit needs of small and medium-sized businesses for thirty years as an advocate, lender, credit analyst and trainer. Until early 2013, Mr. DiCara was the owner of Development Finance Training and Consulting, Inc. (DFTC), an organization which he co-founded in 2003. Since the mid-1990’s, Mr. DiCara has conducted training programs for individuals who work in the credit union, banking, economic development, and community development fields. He has developed a number of partnerships with organizations throughout the country, including the National Association of Development Organizations (NADO), several chapters of the Center for Financial Training (CFT), and multiple state banking associations. He is a faculty member of the Neighborhood Reinvestment Corporation and is also a cocreator and faculty member for the Credit Union National Association’s (CUNA) Business Lending Certification Institute.
Mr. DiCara also provides consulting services to private and not-for-profit lenders which require assistance with the development and implementation of their commercial loan programs. Specific services include program development, loan underwriting, and annual loan reviews.
Mr. DiCara is a graduate of Bowdoin College in Brunswick, Maine and received a Masters Degree in Public Administration from the University of Maine. He has also earned the designation of Economic Development Finance Professional (EDFP) from the National Development Council.
4/1/2019 9:00 AM - 4:00 PM
MBA Education Center 507 S. Grand Ave Lansing 48933 UNITED STATES

Sign In