A fiscal or calendar tax year that is less than twelve months in length. This may occur during special circumstances such as a business changing fiscal year frameworks, for example from July-June to October-September, or a business starting operations partway through a tax year.
Related information about short tax year:
- Short Tax Year Definition | Investopedia
A tax year, whether fiscal or calendar, that is less than one year in length. Short tax years occur either when a business is started or the method of accounting is ...
- Tax Years
Feb 8, 2012 ... An annual accounting period does not include a short tax year. The tax years you can use are: Calendar year - A calendar tax year is 12 ...
- How to File a Short Tax Year | eHow.com
How to File a Short Tax Year. Business tax returns are filed on an annual basis and report income and expenses for a 12-month period. When a business first ...
- What is short tax year? definition and meaning
Definition of short tax year: A fiscal or calendar tax year that is less than twelve months in length. This may occur during special circumstances such as a ...
- How to Choose the Right Tax Year for Your Small Business | SBA.gov
Sep 26, 2011... called a tax year—the most common being the calendar year, but businesses can also report based on fiscal years and a short tax year.
- What is Short Tax Year? - Investor Glossary
What is Short Tax Year? Find out right now with a helpful definition and links related to Short Tax Year.
- The Tax Year - AccountingTools
The key issue when reporting taxable income for a short tax year is that the ... For example, if the Hawser Company has a short tax year of six months and has ...
- Short Tax Year - TurboTax Live Community
I am using Turbo Tax to file my corporate taxes for an S-Corp I started on 11-3-11 and it will be a short tax year return, is there anything special I ...