How do I know whether my business’s accounting period is a fiscal tax year or calendar tax year?
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Last modified 3/10/2023 3:02:37 AM EST |
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An accounting period is any 12-month period a business uses for accounting purposes.
If your business accounting period ends on any quarter- March 31, June 30, September 30, or December 31, it's a fiscal tax year. If it ends on December 31, it's a calendar tax year.