April 15- National Tax Day

2020 tax filing deadline is July 15 for 2019 tax returns due to the impact of COVID-19. 

Happy National Tax Day! On April 15 of each year is the last day to file and send out our taxes.  

In the United States, the term “tax day” refers to the day on which individual income tax returns are due to the federal government. The day may also refer to April 15th for state tax returns. 

The federal income tax filing deadline is midnight on April 15 of every year, with extensions occurring when today lands on a Saturday, Sunday, or a holiday. In those circumstances, the returns are due the first succeeding day that is not a Saturday, Sunday, or a holiday.  

These dates can differ depending on the residence as well. Some years, due to extenuating circumstances such as natural disasters, more significant extensions have been granted by the U.S. Federal Government. 

"In this world nothing can be said to be certain, except death and taxes." ~Benjamin Franklin 

HOW TO OBSERVE 

Complete and file your taxes! If you don't, life, for the most part, will eventually become quite taxing indeed. 

Whether you prepare your taxes yourself or have a professional prepare them for you, only a couple of things are certain in life – death, and taxes. Or so Benjamin Franklin once said in the aforementioned adage above.  

Use #NationalTaxDay to post on social media. 

HISTORY 

In 1862, income tax was first collected in the United States to fund the Civil War.  It was deemed unconstitutional due to not being apportioned with conformity across the states. 

In 1913, the United States once again enacted income tax with the 16th Amendment. At that time, the filing deadline was March 1. In 1918, the deadline was changed to March 15, and then yet again in 1955. 

For the most recent change, the filing deadline was moved up to April 15. The day has now come to be known as National Tax Day. 

#NatinoalTaxDay

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