This depends on your company’s unique tax situation. Many companies use the calendar year (December 31) as the end of their fiscal year, for ease of administration in preparing tax returns and other tax/accounting matters.
If you are thinking of using another date for your company’s fiscal year end date, please be sure to consult with a CPA.
[title size=2]Related Stocks & Stock Issuance FAQs[/title]
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[title size=2]Related Formation FAQs[/title]
- Coronavirus Policy for California Employers
- What is a Trust and Do You Need One?
- Who Makes End of Life Decisions When an Accidental Tragedy Occurs?
- Axis Legal Counsel Hired in Trust Litigation Fraud and Breach of Fiduciary Duty Case involving Multiple Family Members
- California Will Requirements and Top Wills FAQs
- California 2020 Rest Break Laws | Los Angeles 2020 Rest Break Laws
- Could Your LLC Save on Taxes by Converting to an S Corp?
- Can a Company Have Two Presidents?
- Can a Business Ban a Customer?
- Employer’s Guide to Responding to an Employee’s Unemployment Claim
[title size=2]Other FAQs[/title]
- Formation FAQs
- Stock Issuance FAQs
- Investment & Fundraising FAQs
- Intellectual Property FAQs
- Corporate Governance FAQs
- Employees & Labor FAQs
- Licensing & Permits FAQs
- Tax FAQs
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