In most years, today would be the day that we’d be scrambling around, trying to find all of the paperwork for getting our federal tax returns finalized and submitted.
Yes, in years when April 15 falls on a weekend, the deadline typically is moved to the next Monday. But today is April 15… and today is a Friday… yet Tax Day is April 18.
So what gives?
Well, it turns out that the IRS is observing a holiday that’s usually observed only in Washington, D.C.: Emancipation Day. It marks the date that Abraham Lincoln signed the Compensated Emancipation Act.
That holiday is on April 16, but when April 16 falls on a weekend, the holiday is observed on the closest weekday — which, in this case, is today.
With the IRS not working today, its officials decided to change this year’s filing date to the 18th.
Got all that?
So, for some, that means what would have been a “recovery” weekend from meeting a Friday deadline instead, quite possibly, will be another few days of stressing over challenging-to-understand tax forms.
Which is why I love my CPA.
Now, if you complete your return and find that you’ll be getting a refund, what better time to stock up on some of your favorite wines?
On the other hand, if you had to write out a big check, it may be the time to drown your sorrows with a case or two of value-priced wines.
Either way, Vinesse can help. Explore vinesse.com, and I know you’ll find a collection of wines for either drowning your sorrows or celebrating your good fortune.