
YAY! Today is Tax Day! Usually this occurs on April 15th, unless the 15th falls on a weekend, as it did this year. Then, we have Emancipation Day, a holiday in Washington DC celebrated on April 16th, thus extending this most important due date an extra day this year. This day strikes anxiety in the hearts of many and according to many news reports, about 1 in 5 filers wait until the last two weeks before actually filing. Back in the day, you would see long lines of cars waiting to drop off returns to get that coveted postmark before midnight on the tax filing deadline date. If you are still old school enough to paper file, USPS does still offer extended hours for procrastinators in many locations but most are no longer as late as midnight.
E-filing has changed that experience and you can file as late as midnight or you can file an extension but be aware that an extension is not for payment of any tax due. It is only for the paperwork. And, then you will be faced with another due date – October 15.

