IRS Extends Tax Deadline, Gives Filers Slightly More Time

The Internal Revenue Service (IRS) announced on Wednesday that they have extended the traditional last day for filing taxes.

According to the agency tax filers now have until April 17 to file before the tax deadline ends. The traditional IRS tax deadline is April 15.

The IRS granted the extension simply because April 15 falls on a Sunday in 2010 and Monday is then Emancipation Day, a day in which Washington D.C. residents celebrate the freeing of slaves in the district.

You may recall that Tax Day was extended last year until April 18 because of Emancipation day.

In the meantime anyone looking to file early can begin submitting their tax forms to the IRS using the agency’s e-filing system starting on January 17. The IRS calls their e-filing system the most accurate filing option for taxpayers.

In terms of an extension the IRS is offering Oct. 15 as the absolute best day to file your return.

According to the IRS workers will submitt 144 million individual tax returns before the IRS tax deadline ends on April 17. Most of those tax returns are expected to be filed before the April 17 deadline.

The IRS has been full of good news lately, recently they raised the amount of money an employee could contribute to their company sponsored 401k plan.

Are you relived to have a few more days to file your returns this year or like me do you try to file your tax return as soon as possible?

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