Instead of April 15 as the final day for taxes to be completed and postmarked (or e-filed), this year it’s Tuesday, April 18. And it’s all because of a little-known holiday in Washington.
Tax day is pushed to the next business day if April 15 falls on a Saturday or Sunday. But this year, tax day is being pushed to April 18 because of a conflict with Emancipation Day, an official public holiday that’s observed in DC, where the IRS is located.
Emancipation Day, April 16, marks the day in 1862 that Abraham Lincoln signed the Compensated Emancipation Proclamation freeing 3,100 slaves in the district. (Lincoln signed the final draft of the Emancipation Proclamation, an executive order that freed slaves in the Confederate states, in January 1863.)
Wealth Advisors and the markets will be closed on Friday, April 14, in observance of Good Friday.
What this means to you:
- Need to open a new account with a 2016 contribution? Call us now, don’t delay.
- Need to make a 2016 IRA or Roth or other contribution? Try to get that to us by Thursday, April 13. The actual deadline is Tuesday, April 18.
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