Jan 07

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IRS Extends Tax Filing Deadline

Tax procrastinators rejoice!  Once again, the Washington D.C. specific holiday of Emancipation Day will buy the entire country a bit more time to file their taxes this year.  The usual April 15th deadline falls on a Sunday, with Emancipation Day on the following Monday.  Therefore, the IRS has announced that 2011 taxes are due on Tuesday, April 17th.

However, if you are truly a tax procrastinator, you won’t get the benefit of those two extra days.  Those filing for a six month extension will still have to file their return by October 15, 2012.

Of course, there is also the diligent group who wish to file as early as possible, in many cases motivated by the expectation of a large return.  For these individuals, e-filing is available beginning January 17th.



About the author

Renee Howdeshell

Renee Howdeshell is a founding member of Fulcrum Inquiry, an accounting, finance and economic consulting firm that performs damage analyses for commercial litigation, forensic accountings, royalty & distribution audits, financial investigations, and business valuations. Ms. Howdeshell holds a degree in Finance and Marketing from the University of Virginia's McIntire School of Commerce and is a Certified Public Accountant (CPA) and a Certified Fraud Examiner (CFE). She has testified as an expert witness in federal court, CA state court and arbitration regarding the results of her work. She can be reached at (213) 787-4112 and her resume is available at www.fulcrum.com.

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