Did You Know…..
by James
In their kickoff of the 2011 Tax Season, the IRS announced that the normal filing deadline for individuals has been extended.
Every American over grade school age knows that individual tax returns are due on April 15.
Many also know that if April 15 falls on a holiday or weekend, the deadline is moved to the next day that is not a holiday or weekend. This can result in the tax filing deadline falling on April 16th or 17th.
Some may even know that Massachusetts, Maine and Wisconsin celebrate Patriots’ Day on the third Monday in April. If this holiday falls on a tax deadline, the deadline is moved, for those states only, to the next day that is not a holiday or weekend.
Bu did you know that this year, April 15th falls on a Friday which happens to be the day that Washington, D.C. celebrates Emancipation Day? And that the Internal Revenue Code states that a holiday in the District of Columbia is considered a holiday for all States and territories when it comes to tax deadlines?
Because of this oddity in the law, individual income tax returns will be due April 18th, no matter where you live.
What does this mean, practically? Taxpayers and tax preparers, alike, have an additional 3 days to procrastinate.
Happy Tax Season!
I hope my husband doesn’t find out this little tidbit! 🙂
In Australia our financial year ends on the 30th June, and tax returns are due on the 30th October. Just in case you ever decide to move to Australia and need that piece of info! LOL
We always do ours early!
Well *our* CPA would never procrastinte 😉
that’s good to know! Thanks for explaining the why, as I’d heard it was later, but hadn’t heard the reason. Interesting!
(we file an extension, due to living internationally, so this doesn’t really apply much to us anyway. Still, good info to have!)
For me it only means 3 extra day of WORK! I work during the tax season as the marketing manager for my mom’s Liberty Tax Service office, so I am out there hunting up customers until the very last minute! The Lady Liberty waver works until the very last day as well!
Thanks for the reminder!
Sheri O.
Is there some sort of tax holiday for the recently unemployed?
I guess it just means my husband has more time to “prepare”. (I don’t dirty my fingers with such things… haven’t since the 1040 EZ.)
Nice to see a post on the blawg.