Returning cash to the owners

The limitations of personal financial statements and why more information is needed Why personal tax returns can be difficult to analyze and how to target relevant information consistently Using tax return data to validate assets and liabilities, plus uncover unreported liabilities Understanding the spectrum of situations, how some income (or loss) does not involve cash, plus and linking types of income/cash flow to the primary tax return schedules. Cash flow approaches for self-employed and small business owners using sample worksheets and cases. Overview of business entity choice issues. How pass-through entities impact cash flow. Examples of capital gains (and losses) and how to extract the cash flow involved. The concept of global cash flow and its pros and cons plus analytical issues. Recent tax law changes and likely affect on customers’ tax returns"