Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   What is an american tax year? (https://www.askmehelpdesk.com/showthread.php?t=458693)

  • Mar 18, 2010, 02:40 PM
    tdar
    What is an american tax year?
    Does the American tax year run from Jan-Dec for employees?
  • Mar 18, 2010, 02:46 PM
    cdad

    Yes. Starts Jan 1st and runs to midnight Dec 31st.
  • Apr 30, 2010, 02:06 PM
    AtlantaTaxExpert
    Employees CAN use a fiscal tax year, say 1 June to 31 May, but it has to be proposed to the IRS and approved BEFORE the fiscal tax year begins.

    Most people and most companies do not bother, even though there ARE advantages to have a different tax year than everyone else.

  • All times are GMT -7. The time now is 08:15 AM.