Lindakeithcpa - lindakeithcpa.com - Linda Keith CPA
General Information:
Latest News:
Passive/Non-Passive Losses 20 Mar 2013 | 04:50 am
Desi's question: Can passive &/or non-passive losses on the 1040 tax return be added back to borrower/guarantor cash flow for global analysis? I am having trouble finding a definitive answer to this ...
BoomerPreneurs: Can they really sell their business? 5 Feb 2013 | 10:34 pm
My business reading this morning ran across the same statement from unrelated sources. Owners working 'in' or 'on' the business An interview with Michael Gerber of 'E-Myth' fame reminds business own...
Business as usual. The road to success is not paved. 2 Feb 2013 | 10:13 pm
Business has been bumpy during the recession. But truthfully, almost every business, in any economy, has undergone many twists and turns. When bankers analyze tax returns to make the best loan decis...
Business cash management: Tactical or Strategic? 1 Dec 2012 | 10:51 pm
I am always on the lookout for concepts and tools that help businesses and their lenders evaluate how they are doing. And with my emphasis on cashflow analysis of tax returns for lending decisions, ca...
Is your business loan client ready for the Playoffs? 22 May 2012 | 05:04 am
This post is generalized from an agblog, Farm CPA Today, by Paul Neiffer. Paul is a CPA with an ag background and serving the agricultural community in central Washington. While his post is titled "A...
Is cash-basis on a tax return a red flag? 22 Feb 2012 | 07:40 am
With a small to medium size business, you are likely to find the company has chosen the cash basis of accounting. While this choice actually gives you a better sense of cash flow, it can be misleading...
The FDIC and Global Cashflow: A Typical Question 19 Jan 2012 | 05:20 pm
Brian Hamilton, President of Sageworks Loan Analysis Software, will be addressing FDIC examiners in a few days about global cash flow. He asked for my thoughts about lender/analyst's typical questions...
Why Guaranteed Payments are not Guaranteed 23 Dec 2011 | 06:15 am
Lenders and underwriters in my training workshops on Cashflow Analysis of Tax Returns often stumble a bit on that word 'guaranteed'. After all, we all know what that means, right? Well, it is dangero...
ALLL and TDRs: How to decide if a loan is a TDR 9 Dec 2011 | 09:11 am
One of the ways the Allowance for Loan and Lease Losses (ALLL) is impacted occurs when a financial institution grants a concession through modification of the terms of a loan due to the financial diff...
Why capital gains count even when they don't! 23 Nov 2011 | 11:54 am
Many lenders and their financial institutions don't want to count on income from capital gains as a recurring source to service debt. I get that and don't necessarily disagree. Although see the post o...
