A group of professors recently released a study that finds insufficient discussion of the total cost of taxes in public finance textbooks. They find that common textbooks fail to fully include the total cost of taxes...
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- Tax Filing Day 2011 will be April 18, Not April 15
Tax Filing Day 2011 will be April 18, Not April 15
An American doesn't have to work for very long before having it chiseled into their mind that April 15 is the day that taxes must generally be filed for the previous calendar year's income. Not so for 2011, where taxpayers will have a couple more days to frantically fill out everything:
The reason? Emancipation Day, which celebrates Lincoln's freeing of 3,100 slaves in the District of Columbia on April 16, 1862, nine months before he signed the Emancipation Proclamation.
Since the holiday falls on a Saturday, it will be observed on Friday, April 15.
The extra time will also apply to taxpayers requesting an extension, who will have until October 17 to file.
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