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Tuesday, April 17, 2007

The Extra Filing Day

In case you were wondering why we have 2 extra days to file our taxes this year, its because of Emancipation Day.  That's not a Federal holiday but it is a legal holiday in the District of Columbia and several other states as well.

Whenever the tax filing deadline lands on a Saturday or Sunday it has always been bumped to the next business day, which in this year would have been April 16th.  In fact some IRS filing instructions were originally printed up to state April 16th.

However, there is a law that extends holidays in the District of Columbia out to the rest of the country.  Therefore this year we picked up an extra day and the deadline is officially April 17th!