Taxes Are Due Monday, April 18, 2016, NOT Friday, April 15, 2016

Did you know that your tax return deadline is later this year? The Internal Revenue Service has given most taxpayers three extra days to file their federal income tax returns this year.

“Instead of April 15 as the drop-dead day for taxes to be completed and postmarked – or, increasingly, electronically filed – it’s April 18. And it’s all because of a little-known holiday observed in Washington.

Tax day is generally pushed to the next business day if April 15 falls on a Saturday or Sunday. But this year, tax day is being pushed to April 18th because of a conflict with Emancipation Day, an official public holiday that’s observed by the District of Columbia, where the IRS is located.

Emancipation Day – which marks the day in 1862 that Abraham Lincoln signed the Emancipation Proclamation freeing 3,100 slaves in the district – is on April 16, a Saturday this year. So D.C. will mark Emancipation Day on April 15 – and tax day is moved to Monday, April 18.

“Since Emancipation Day is a legal holiday, it gets precedence over the April 15 tax deadline,” the IRS says.”

The above news story was published by the McClatchy News Service. You can read more here: http://www.mcclatchydc.com/news/politics-government/white-house/article70312012.html#storylink=cpy

We hope you are finding our consumer alerts useful. And, as always, if you know someone who is struggling with overdue debts, please have them call us for a bankruptcy consultation at 212-315-3755.