Tax-Filing Deadline Extended

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By Laura Strachan, Esq. on January 06, 2011 5:55 AM

Three extra days. That is the additional time taxpayers get to file their 2010 taxes. The 2010 tax day delay was recently announced by the IRS making midnight on April 18 as the new deadline for taxpayers to post or electronically send their taxes for the past year.

The rationale behind the new tax deadline has little to do with giving an extension or break to taxpayers and more to do with the calendar. Because tax deadlines cannot fall on a holiday or weekend, the usual April 15 deadline is the Emancipation Day holiday in the District of Columbia, according to USA Today.

So what exactly is this holiday that not every state celebrates? Emancipation Day marks the freeing of D.C. slaves by President Abraham Lincoln. Holidays celebrated in Washington D.C. are unique in that they carry the same effect as a federal holiday for purposes of tax deadlines.

Whether taxpayers will find the extra weekend helpful or just a chance to further push back the inevitable is an individual choice. For those taxpayers that need more than a weekend delay there are some helpful options for last minute filing, including: e-filing, applying for an extension or submit a partial payment (in those situations where you cannot afford your taxes at that time).

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