Busch, Sandhop & Baker, LLC

01/26/2024

The government is always coming up with rules to make our lives more complicated. This is a new form that the Treasury's Financial Crimes Enforcement Network (FinCEN) has developed to find out more about the benecial ownership of entities. You will be required to file the form even if you have a single member LLC. We are still learning about this and will keep our clients posted.

13 Answers on the New 2024 CTA Required BOI Reporting to FinCEN

07/24/2023

The Chambers County Commissioners Court has approved a small business grant program to assist businesses impacted by Covid-19 in Chambers County and help business grow.

https://www.co.chambers.tx.us/page/ecodev_grants

01/11/2022

The IRS announced the start date for tax season and that the due date for most individuals is April 18.

07/14/2021

We are excited for this event! Sponsorships and tickets are still available.

Gold Sponsor Spotlight: Busch, Sandhop & Baker, LLC.
The professionals at Busch, Sandhop & Baker are amazing! They offer tax services, and accounting and business consultation for businesses big or small. If you are a business owner, executive or independent professional this is the accounting firm for you!
Contact Busch, Sandhop & Baker, LLC at

https://www.bsbcpasllc.com/ or (281) 402-8427

THANK YOU Busch, Sandhop & Baker, LLC for supporting the CCRW literacy project!

Become a sponsor today at: https://form.jotform.com/211656103241039

07/02/2021

We hope they can find qualified people if they are going to beef up the audits. There is nothing worse that having to face an auditor who is trying to prove their worth. We have not had a face-to-face audit in years and in the past, we have been successful in defending our clients.

The Internal Revenue Service is hiring thousands of new auditors as it gears up for a potentially massive tax-enforcement push if Congress is able to pass an infrastructure plan that includes $40 billion to expand audits on the wealthy.

03/26/2021

The past year has been extremely challenging for the CPA profession and this is a great article that explains why. We have had clients that have mailed in payments that have not cleared and we have written letters that have had no response. The majority of the IRS personnel that we have spoken with are as frustrated as we are.

U.S. taxpayers face the risk of delayed refunds from the IRS in coming months as the agency struggles to work down a backlog of returns from last year, according to a watchdog report.

03/02/2021

This backs up Lindsey's post from Saturday. As CPA's we are beyond frustrated because it is so hard to get issues resolved with the IRS. The agents we speak to are equally frustrated too.

The COVID-19 pandemic turned the tax season upside down last year, and even now millions of people are still dealing with the aftermath in 2021. The Internal Revenue Service said in mid-February that it had yet to process 6.7 million individual income...

02/27/2021

The stimulus bill passed by the House contains many tax provisions, including a new round of economic stimulus payments, tax credits for COBRA continuation coverage, and expansions of the child tax credit, the earned income credit, and the child and dependent care credit.

02/23/2021

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