when does a fiscal year end
Every business has a fiscal year. A company's Fiscal Year is its financial year; it is any twelve-month period that the company uses for accounting purposes. The fiscal year is expressed by stating the year-end date. A fiscal year end can be the end of any quarter â March 31, June 30, September 30, or December 31. The IRS distinguishes fiscal year from tax year, stating that a tax year can be either fiscal year or the calendar year.