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It ’s been say that nothing in this universe is sure except demise and taxation , but the day that taxes are due certainly is n’t set in rock . Although we ’ve traditionally had to have our taxes stamp and in the post by April 15 for more than 50 year , that was n’t always the instance .
When the sixteenth Amendment was ratify on Feb. 3 , 1913 , it permit Congress to institute an income revenue enhancement . Congress pick March 1 as thedeadline for filing issue , and the first prescribed revenue enhancement twenty-four hours was March 1 , 1914 .
A few years subsequently , Congress passed the Revenue Act of 1918 , whichraised income taxation ratesand inexplicably moved the filing date forward to March 15 . Congress did n’t provide a reason for the deadline transformation , but the new date remained unchanged for almost 40 years . [ Late ? Check Out Online Tax Software ]
In 1955 , the date was bumped fore once again , this time to April 15 . The Internal Revenue Service stated that the later particular date give up forgovernment employeesto " spread out the peak work load . "
But there ’s another ground , concord to Ed McCaffery , a University of Southern California jurisprudence professor and taxation guru . " push the deadline back gives the regime more time tohold on to the money , " McCaffery told Fortune Magazine .
Sometimes , though , the taxation deadline gets moved around for other reason . This yr the filing deadline has beenpushed from April 15 to April 18to accommodate a public holiday . Union and state government have also moved back deadline dates to accommodate multitude bear on by regional natural tragedy , such as huge snowstorms .
