The due date for 2010 tax returns has been extended from April 15, 2011 to April 18, 2011 due to a Washington DC holiday called Emancipation Day. Emancipation Day is to mark the anniversary of the signing of the Compensated Emancipation Act, signed by president Abraham Lincoln on April 16, 1862. It is celebrated annually on April 16th. Because this holiday is observed in our nation’s capital, it affects when tax returns are due some years. Emancipation Day falls on a Saturday in 2011, which means the holiday is observed on Friday the 15th and since we all know tax returns can not be due on a holiday or weekend the due date for returns will be Monday the 18th!
I remember the first time this little known holiday extended the tax return deadline. I was working for a CPA firm in Fort Collins. One of the shareholders left every April 16th for Hawaii. His tickets were bought before the announcement came out that we had an extra day to prepare returns. So on April 16th at 4 am he was on his way to Hawaii and I was in the office finishing up his returns and delivering them for him. He did call to check on me when he arrived in Hawaii but that was just to tell me he was off to the beach and to enjoy my day off tomorrow! Ah, yes that is one tax season I’ll always remember.