Today is the first day of fiscal 2009.
What were you doing at midnight last night?
Capital Gains and Games
Washington, Wall Street and Everything in Between
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Fiscal New Year
A fiscal year is a period used for calculating annual financial statements in businesses and other organizations. In many jurisdictions, regulatory laws regarding accounting and taxation require such reports once per twelve months, but do not require that the period reported on constitutes a calendar year. Fiscal years vary between businesses and countries.
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