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PM SEES CODE: FY: 20 MICHIGAN DEPARTMENT OF COMMUNITY HEALTH REHABILITATION SUPPORTS WAIVER (HOW) ELIGIBILITY CERTIFICATION PRIORITY PROCESSING: Age off CWP (age 18) Age off State Plan PAN (age 21)
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FY20 stands for Fiscal Year 2020. It is a twelve-month period that organizations use for budgeting, accounting, and tracking financial performance.
All organizations, businesses, and entities that operate on a fiscal year basis are required to file FY20 financial reports and tax returns.
FY20 forms can be filled out manually or electronically depending on the requirements of the governing tax authority. Typically, organizations need to provide information on their income, expenses, assets, and liabilities for the fiscal year.
The purpose of FY20 is to provide a financial snapshot of an organization's performance for a specific twelve-month period. This information is used for budgeting, decision-making, and compliance purposes.
Information such as revenue, expenses, assets, liabilities, net income, taxes owed, and any other financial data relevant to the organization's operations during FY20 must be reported.
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