If you're located in the U.S. in one of the states that observes Daylight Savings, you lost an hour on Sunday a few weeks earlier than normal, thanks to new legislation by Congress. And if you're a U.S. taxpayer, you have two extra days to file your Federal tax return, thanks to recent legislation in the District of Columbia.
When Tax Day, April 15th, falls on a Saturday, Sunday, or legal holiday, the next business day is the deadline for filing one's taxes. Normally, this would be Monday, 16 April '07, but this year that's a legal holiday in Washington, D.C. It's Emancipation Day, a holiday that the IRS wasn't aware of when their IRS forms for 2007 went to print. Even though your tax forms state that the tax filing deadline is April 16th, you have until April 17th to file your Federal return.
Use the extra 47 hours wisely.
And don't forget that some of the tax software suites offer free tax preparation and free E-filing of your Federal tax returns, including TurboTax and TaxAct, and several others. And all taxpayers who earned less than $52,000 (adjusted gross income) in 2006 may E-file their Federal tax returns for free.
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