What is Emancipation Day?Posted on April 17 2012 by admin
WOO HOOO! Talk to most of your tax professionals and they are counting the hours left today. Why today you ask? Because it’s tax day!
Wait… you thought taxes were due on April 15th? Wrong! The 15th was a weekend, and the IRS doesn’t “do” weekends, so they gave an extra day.
So that means taxes were due on the 16th? Wrong again. Washington, DC celebrates Emancipation Day so the IRS is closed on the 16th of April. If you are like most people, you are wondering what Emancipation Day is and why you don’t get the day off too. Honestly, if you go to Wikipedia and get more info on it, it becomes more of a “why does DC celebrate the holiday?” There are only a few states in the US that celebrate it (along with many of the Caribbean countries) but none seem to celebrate on the same day of the year. It ranges from April 16, May 8, June 19, August 8 depending on the state.
There is something to the holiday though. It is the date that African slaves were emancipated, and the various dates represent when it happened in that area (either when they learned of the national Act signed by President Abraham Lincoln, or when the state did away with slavery. And for those who don’t get to celebrate Emancipation Day, for this year, at least, it meant one more day to get those taxes filed!
We now return you to your regularly broadcast audit and accounting update…
Katie Thomas, CPA
Our Not-For-Profit niche is a strong team of experienced professionals who focus their work in the not-for-profit industry. Henry & Horne has been a stable local firm in Arizona for 55 years, and the Not-For-Profit niche has a long history of working with charitable organizations and other tax exempt organizations of all kinds. Our focus is exceptional client service and building relationships with our clients to promote communication throughout the year, not just at the time of the annual audit. We highly value and are very proud to be helping those who help others.
Before posting a comment on a blog post please be aware that we do not give free advice to non-clients by email, comment response, or phone. Thank you!
- Accounting for Joint Activities
- Annual Giving USA Report Released
- What Percent of My Donation Goes to the Cause of the Organization?
- Developing Diverse Funding Sources
- Complimentary Not-For-Profit CPE Offered by Henry & Horne, LLP
- Releasing or Modifying Permanently Restricted Contributions – Is this Allowable?
- Use Your 990 as a Marketing Tool
- June Community Event a Huge Success!
- Is It Time for You to Implement a Social Media Policy?
- Cancer Charity Fraud Part I