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  #11  
Old 08-09-2012, 05:45 PM
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cutman2000 cutman2000 is offline
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Originally Posted by Burnie View Post
I decided June 30th for my business, that way I don't have to deal with both at the same time. BTW my business is a C corp.
For a basic LLC, would it be easier/beneficial to stick with jan1/dec31?
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  #12  
Old 08-09-2012, 05:45 PM
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Originally Posted by cutman2000 View Post
Are you saying everyone has the same fiscal year?
No. http://en.wikipedia.org/wiki/Fiscal_year
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  #13  
Old 08-09-2012, 05:48 PM
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Originally Posted by cutman2000 View Post
For a basic LLC, would it be easier/beneficial to stick with jan1/dec31?
Are you a single-member llc? If so, your fiscal year must match your personal income tax filing year (calendar).
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  #14  
Old 08-09-2012, 05:59 PM
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cutman2000 cutman2000 is offline
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Originally Posted by tonygreek View Post
Are you a single-member llc? If so, your fiscal year must match your personal income tax filing year (calendar).
Single,yes. I was planing on doing the "calendar year"(jan1/dec31), I thought I had a choice as far as taxes(fiscal year vs calendar year). Thanks Tony
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Ford F150 ex cab
12x6 Trailer
5x8 Trailer
(1) Zero Turn
(2) Husqvarna Packpack Blower
(2) Stihl stick edger
(1) walk behind edger
(5) weedeaters
(3) handheld blower
(4) walk behind mowers
(1) attachable aerator
(2) 22" Husqvarna hedge trimmer
(1) college degree

Last edited by cutman2000; 08-09-2012 at 06:05 PM.
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