Category: Business, Other

Tags: tax accountant in Mississauga, business loan in Toronto

A consecutive period of 12 months that is used by governments and businesses for the purpose of accounting, budgeting, as well as tax reporting purposes is what you can call a fiscal or financial year. A fiscal year can be initiated on any date, unlike a standard calendar year – January 1 to December 31, depending on the needs of the organization or regulations of a country. For the complete details about the fiscal year, you must contact the best tax accountant in Mississauga.