Payroll Dictionary
Calendar year
A period of 12 months beginning January 1 and ending December 31. It is the most widely used accounting period. It must be used by a taxpayer who does not keep a regular set of books on a different accounting period.
A period of 12 months beginning January 1 and ending December 31. It is the most widely used accounting period. It must be used by a taxpayer who does not keep a regular set of books on a different accounting period.