Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. Nov 30, 2024, 08:17pm EST Nov 30, 2024, 08:27pm EST Choosing a ...
Fiscal years differ from calendar years, allowing businesses to choose optimal reporting periods. Companies adjust fiscal year ends to align with business seasonality, aiding financial reporting.
A fiscal year is the 12 months that a company designates as a year for financial and tax reporting purposes. This year can differ from the traditional calendar year, and it varies for each corporation ...