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Fiscal Year?

Discussion in 'Starting a Lawn Care Business' started by cutman2000, Aug 8, 2012.

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  1. cutman2000

    cutman2000 LawnSite Member
    Messages: 218

    For a basic LLC, would it be easier/beneficial to stick with jan1/dec31?
     
  2. tonygreek

    tonygreek LawnSite Gold Member
    Messages: 3,830

  3. tonygreek

    tonygreek LawnSite Gold Member
    Messages: 3,830

    Are you a single-member llc? If so, your fiscal year must match your personal income tax filing year (calendar).
     
  4. cutman2000

    cutman2000 LawnSite Member
    Messages: 218

    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
     
    Last edited: Aug 9, 2012

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