Most of the population tends to wait until the last possible second to file taxes, and if you fall into that category, you’re in luck this year. Here is some quick history behind Tax Day:
- In 1913, Tax Day was fixed on March 1, and then it was moved to March 15 in 1918.
- It was then moved to April 15 in 1955, where it has remained since.
So here is the good news for all of you hyper-procrastinators, taxpayers are granted a few extra days this year to file their dreaded tax returns. For all the overachievers who filed them weeks in advance, kudos to you! We at Kavaliro, IT staffing firm, are here to tell you everything you need to know about Tax Day 2016.
Once upon a time, in an office not so far away, people were in a frenzy to get their taxes filled by April 15, the day formerly known as Tax Day. Unless of course this particular date happened to fall on a Saturday or a Sunday, in which the due date for federal income tax returns is pushed forward to the following business day. This date is also pushed back if it falls on a holiday. This year gets an extra interruption due to Emancipation Day.
“Emancipation Day falls on a Saturday in 2016. By law, when April 16 falls during a weekend, Emancipation Day is observed on the nearest weekday – not necessarily the following weekday. That means, in 2016, Emancipation Day will be observed on Friday, April 15, on what would normally be Tax Day. Tax Day, which falls on a Friday, gets pushed ahead by statute to the next business day, which is Monday, April 18, 2016,” explained Forbes writer, Kelly Phillips Erb.
Filing your taxes gets even more confusing if you’re living in Maine or Massachusetts due to the celebration of Patriots Day. Patriots Day is yet another unfamiliar holiday which honors the battles of Lexington and Concord and is held on the third Monday of April. This is extraordinary news for residents of Massachusetts and Maine because it falls on April 18th this year. This means these two states have until the 19th of April to file their taxes.
So if you have waited until the last minute, like most of us, take pleasure in knowing you don’t need to file for an extension just yet.
Kavaliro Employment Agency has offices in Tampa, Fla., Charlotte, N.C., Orlando, Fla., Washington, D.C., Jacksonville, Fla. and Petaluma, Ca. and can make sure you find the right people for any important role. We are ready and waiting to help you anytime and look forward to hearing from you.