From Carol McAtee’s CPA firm in St. Petersburg, FL- The IRS is giving taxpayers two extra days to get their taxes done this year. The deadline for filing personal Form 1040 tax returns is usually April 15, however the IRS has announced that it is pushing back this year’s filing deadline to Tuesday, April 17. Taxpayers now have until April 17, 2012 to file their 2011 tax returns.
The extension was granted because April 15 falls on a Sunday in 2012, and the following Monday, April 16, is Emancipation Day, a holiday in Washington D.C. that celebrates the freeing of slaves in the district. Last year, the filing deadline was extended until April 18, because of Emancipation Day.
Additionally, on January 17 the IRS will begin accepting returns through the agency’s e-filing system. A system the IRS says is the fastest, most accurate filing option for taxpayers.
The IRS expects to receive more than 144 million individual tax returns this year, with the majority projected to be submitted by the extended April 17 deadline.
Avoid late filing fees and penalties and insure all allowable deductions are considered by hiring a tax professional. As tax professionals, McAtee & Associates can help both individual and business taxpayers with all their tax matters.
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