She has 15+ years of experience as a financial writer and technical analyst. A fiscal year, unlike a calendar year, can begin and end in any month. It is used by businesses and governments to ...

This is known as a calendar quarter or year. Some might create their own fiscal calendar. This could be to better align with when they pay their taxes or if the product they sell has a strong busy ...

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 tax year is a 12-month period covered by a tax return. A tax year is either a calendar or fiscal year (FY) that is covered by a tax return. Most filers submit a tax return to the Internal ...