What is meant by fiscal tax year and calendar tax year?
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Last modified 4/16/2024 1:15:20 AM EST |
A calendar year always begins on New Year’s Day and ends on the last day of the month (Jan. 1 to Dec. 31). A fiscal year can start on any day and end precisely 365 days later except Dec 31.
To know how to find your organization’s tax period, click here.