Wednesday, January 5, 2011

DBJ... Tax Day moved to April 18


From Dayton Business Journal…
IRS moves Tax Day to April 18
Tuesday, January 4, 2011

Due to a holiday in Washington, D.C., taxpayers across the United States will have an extra three days to file tax returns for 2010.
The Internal Revenue Service on Tuesday announced taxpayers have until April 18 to file because Emancipation Day, a holiday observed in the District of Columbia, falls this year on Friday, April 15. By law, Washington, D.C. holidays impact tax deadlines in the same way that federal holidays do, the IRS noted.
Taxpayers that ask for an extension will have until Oct. 17 to file their 2010 tax returns.
The IRS said it expects to receive more than 140 million individual tax returns this year, with most of those being filed by the April 18 deadline.
For most taxpayers, the 2011 tax filing season will start on time, the IRS said. But tax law changes enacted by Congress and signed by President Barack Obama in December mean some people need to wait until mid- to late February to file their tax returns to give the IRS time to reprogram its processing systems. This includes taxpayers who itemize deductions on Form 1040 Schedule A, taxpayers claiming the higher education tuition and fees deduction and taxpayers claiming the educator expense deduction.

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