JUST A REMINDER: This isn't a real post -- it's just a note to let you last minute tax filers know that you've been given a break. Your tax returns are not due today, April 15, after all. Most of us have until April 18 this year to get our returns postmarked or electronically filed because Emancipation Day falls on a weekend this year.
Here’s a short explanation as to why:
- Emancipation Day in Washington DC is normally observed on April 16. It is a legal holiday celebrating signing of the Compensated Emancipation Act that freed slaves by Abraham Lincoln in 1862
- However, April 16 falls on a Saturday this year and gets pushed back the nearest weekday (April 15)
- So, this year April 15 is now made a legal holiday. Happy Emancipation Day, everyone.
- Public employees are given the day off so no one will be at the IRS to process your taxes today, Friday, April 15, 2016.
- Tax day now gets pushed back to the next weekday – April 18.
Those in Massachusetts and Maine get their date extended to April 19 because April 18 is Patriots’ Day.
So, put off putting it off, and get it done this weekend. And if you can't, be sure and file your extension by April 18 to avoid late filing penalties if all those big hand pays you got in the casinos this year cause you to owe.
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