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 for CALENDAR YEAR or FISCAL YEAR Beginning and Ending 2020

Nyc 114 7 2020-2025 Form

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Instructions and help about 2020 form ubt

[Music] hi this is Cameron and here's what you need to know about the fiscal year by default a business will follow the calendar year starting January 1st and ending December 31st this calendar is used to file taxes complete financial reporting and budget for the new year however there are other 12-month reporting periods a business can adopt when a business chooses a different 12-month window this is known as a fiscal year fiscal years come in two patterns a fiscal year can start on the first date of any month other than January for example your fiscal year could start July 1st with the fiscal year and 12 months later on June 30th it can also start and end on the same day of the week every year for instance your fiscal year could start and end on the fifth Saturday of every calendar year which is the fiscal year that Macy's uses this pattern is known as a 52-53 week fiscal year since following it means that some years live 52 weeks and others 53 but why would a busines

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