Originally Posted by Burnie
Not if you are a C Corp, my taxes are figured from July 1 to June 30, and filed by September each year. If you are an S Corp, LLC, Partnership, etc. then it is Jan 1 to Dec 31 (I think) and filed by April each year. All depends on how you set it up to start with. I also don't file a 1040 for the business, I file an 1120. Best bet is to talk to an accountant IMHO
True enough. Problem I get into is when some companies send out a 1099 and their annual and my annual do not match.