Revocable Living Trust Listed as Partner on a K-1 What Does This Mean and How Does This Impact Cash Flow? An analyst recently called the
Setting the Numeric Unit in Bukers Software When you are setting up your borrower file in either Bukers Taxanalysis or Bukers BTA, you will want
Different S Corporation Distributions Reported on Form 1120-S How to Properly Identify Actual Distributions Have you ever spread a business tax return for an S
Condensed Reports in Bukers Software Have you used the condensed reporting option in the Bukers software? If not, here’s how: Condensed Reports in Bukers Taxanalysis
Why is AGI Not a Good Indicator of Cash Flow to a Borrower? We have heard this question and/or argument since we started teaching Taxanalysis
The Most Overlooked Adjustments for Real Estate Sales on Schedule D The Schedule D reports capital gains and losses from the sales of investment assets. When a borrower
Form 8990 and Business Interest Expense: Cash Flow Impact Have you ever come across the Form 8990 in an individual or business tax return and
Cash and Noncash Contributions on a K-1 Are They Capital Contributions or Charitable Contributions? Have you ever looked at the Schedule K-1 from an S
Schedule K-1 with W-2 Wages Have you ever come across a Schedule K-1 that reports W-2 wages? Does this represent actual cash wages received by
Are the income and expenses shown on a Schedule C of a single-member LLC real cash flow?
Debunking Form 1041 – Distribution Distractors We recently received a call on the Bukers Hotline from an analyst working on spreading a trust with a
