Hello all,

Usually have seen Financial Statements for target opportunities. However, for a couple of the business opportunities, I have got their tax filings and I am unsure of how to analyze and what to look for? I understand that tax returns are more authentic than non-accountant prepared Financial Statements. (Disclaimer: I am neither a finance nor an accountant professional.). It seems overwhelming with all the different Schedules and the number of pages. The Due Diligence will be performed by accounting professionals if we move forward. Just looking for any advise/guidelines on areas to look at for a quick analysis as a first pass?
Thanks!!