Income Analysis
Income Analysis courses are available in two formats. To view our calculators, click here.
On Demand Videos
Learn at your convenience! Arch MI’s On-Demand Recordings are between 25 and 50 minutes in length. You can pause, rewind and fast-forward videos.
Micro Learning
These mini courses zoom in on specific aspects of
income analysis. Each course is self-paced and takes
20 minutes or less.
Income Fundamentals
| ON DEMAND VIDEO |
|---|
| Income Fundamentals 101 In this course, we review what makes income acceptable, dive into various income sources, discuss when documentation proving income continuance is required and examine taxable vs. non-taxable income. |
| Income Fundamentals 201 In this course, you will become familiar with documentation for employment income and the various components of paystubs and W-2s. |
| Income Fundamentals 202 In this course, you will learn how to calculate qualifying base pay and variable income from employment. |
| micro learning |
|---|
| What Makes Income Acceptable – An Overview |
| Acceptable Employment Income |
| Special Considerations for Partial-Year and Nontaxable Income |
| Acceptable Non-Employment Income – COMING SOON |
| Income Continuance – The General Rules – COMING SOON |
| Paystub Components – COMING SOON |
| W-2 Components – COMING SOON |
| Calculating Income – Base Pay – COMING SOON |
| Calculating Income – Variable – COMING SOON |
Personal Tax Returns
| ON DEMAND Video |
|---|
| Personal Tax Returns 101 In this course, we examine the “when and why” personal tax returns are required and review typical forms and schedules. |
| Personal Tax Returns 102 In this course, we study the key points of ensuring a complete personal tax return. |
| Personal Tax Returns 202 – COMING SOON |
| micro learning |
|---|
| Introduction to Personal Tax Returns – When and Why They May Be Required |
| IRS Form 1040 (U.S. Individual Tax Form) and Typical Schedules |
| Collecting a Complete Tax Return – COMING SOON |
| Understanding Income Trending – COMING SOON |
| Calculating Rental Income – COMING SOON |
Business Tax Returns
| ON DEMAND VIDEO |
|---|
| Business Tax Returns 101 In this course, we introduce you to the five basic business tax structures, business tax forms, and how cash flows between business and personal tax returns. |
| Business Tax Returns 201 In this course, we explore cash flow adjustments, including required deductions and allowable add-back, outline profit and loss statement requirements, explain net operating losses and list the criteria for excluding personal debt paid by the business. |
| Business Tax Returns 301 In this course, we focus on the unique consideration of analyzing income for Sole Proprietorships and Corporations. |
| Business Tax Returns 302 In this course, we study the unique aspects of Partnerships and S-Corporations, focusing on understanding K-1s. |
| micro learning |
|---|
| Identifying Self-Employed Borrowers |
| Business Tax Structures and Corresponding Forms |
| Anatomy of the Partnership K-1 |
| Anatomy of the S-Corporation K-1 |
| Cash Flow Adjustments (Add-backs) – Non-cash Expenses – COMING SOON |
| Cash Flow Adjustments (Add-backs) – Cash Expenses – COMING SOON |
| Cash Flow Adjustments (Deductions) – COMING SOON |
| Net Operating Loss Carryover/Carryforward – An Overview – COMING SOON |
| Personal Debt Paid by Business (Exclusion Criteria) – COMING SOON |
| Unique Considerations of Sole Proprietorships – COMING SOON |
| Unique Considerations of Sole Proprietorships (Practice) – COMING SOON |
| Unique Considerations of Corporations – COMING SOON |
| Understanding Liquidity – COMING SOON |
| Unique Considerations of Partnerships (Practice) – COMING SOON |
| Unique Considerations of S Corporations (Practice) – COMING SOON |
| Understanding Guaranteed Payments to Partner – COMING SOON |