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For many types of companies in the US, you have to basically convince the government to let you have one other than jan1 - dec 31.
by gte910h 16y ago
For many types of companies in the US, you have to basically convince the government to let you have one other than jan1 - dec 31.
- corin_ 16y agoNot according to Wikipedia: "The U.S. government's fiscal year begins on October 1 of the previous calendar year and ends on September 30" Or About.com: "The Federal Fiscal Year runs from October 1 of the prior year through September 30 of the next year."
- smountcastle 16y agoThat's the government's fiscal year, not your company's fiscal year.
- corin_ 16y agoMy bad: "The tax year for a business is governed by the fiscal year it chooses."
- gte910h 16y agoThat's the US government's fiscal year. It's also one of the biggest reasons you can convince them to let them use that fiscal year (if you do a lot of government business, like a military contractor).