Calendar year accounting period
Term · Law · MLC-T-LAW-000827
A 12-month accounting period that begins on January 1 and ends on December 31. Many businesses and individuals use this period for financial reporting and tax purposes. The Internal Revenue Service (IRS) generally requires taxpayers to use a calendar year unless they establish a different fiscal year.
| Identifier | MLC-T-LAW-000827 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000827",
"term": "Calendar year accounting period",
"field": "Law",
"definition": "A 12-month accounting period that begins on January 1 and ends on December 31. Many businesses and individuals use this period for financial reporting and tax purposes. The Internal Revenue Service (IRS) generally requires taxpayers to use a calendar year unless they establish a different fiscal year.",
"url": "https://mlchart.com/terminology/law/calendar-year-accounting-period/"
}
Record 633 of 5,441 in Law terminology (MLC-0107). Request the full dataset.