IRS Says Taxpayers Have Extra Time to File in 2016

A statue of Alexander Hamilton, the first Secretary of the Treasury, stands in front of the southern façade of the Treasury Building in Washington, D.C.

A statue of Alexander Hamilton, the first Secretary of the Treasury, stands in front of the southern façade of the Treasury Building in Washington, D.C.

In 2016, if filing or payment deadlines fall on a Saturday, Sunday, or legal holiday, individuals will meet the deadline if it is met by the next business day (under IRC Sec. 7503).

On Friday, April 15, 2016, the District of Columbia officially observes the Emancipation Day holiday. Therefore, most taxpayers will have until the next business day (Monday, 4/18/16) to file their Form 1040s. In Maine and Massachusetts, Monday, 4/18/16 is officially Patriot’s Day, which means that taxpayers in this state will have until Tuesday, 4/19/16.

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About Brady Ramsay

Brady is the owner of Ramsay & Associates. He specializes in financial statement preparation and personal, fiduciary and corporate tax and accounting. His professional experience includes seven years' experience for local and national CPA firms before joining Ramsay & Associates in 2006. He has a Bachelor of Accounting degree from the University of Minnesota Duluth. He is a Certified Public Accountant, a member of the Minnesota Society of CPA's, an Eagle Scout, as well as an active volunteer in the community.

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