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September 26, 2011w w. b u s i n e s s t r a v e l n e w s. c on RESOURCE GUIDECORPORATE TRAVEL100
2011
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What is b u s i?
BUSI stands for Business Income Schedule and is a form used to report business income and expenses.
Who is required to file b u s i?
Individuals or businesses who have business income or expenses are required to file BUSI.
How to fill out b u s i?
BUSI can be filled out manually or electronically, using the necessary financial information related to the business.
What is the purpose of b u s i?
The purpose of BUSI is to accurately report the business income and expenses in order to calculate the taxable income.
What information must be reported on b u s i?
Information such as income from sales, services, expenses related to the business, and any other relevant financial information must be reported on BUSI.
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