How do I determine my business’ accounting period?
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Last modified 3/10/2021 1:16:29 AM EST
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An accounting period is any 12-month period that 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.