Calendar Fiscal Year

Calendar Fiscal Year. A fiscal year can start and end on any dates, while a calendar year always runs from january 1 to december 31. A fiscal year lumps everything—income and expenses—into one tidy tax.

A fiscal year is the 12 months that a company designates as a year for financial and tax reporting purposes. It also lists the week numbers, where week 1 is defined as the week containing the.