Are you ready for Tax Day?
Benjamin Franklin once wrote that nothing is “certain, except death and taxes.” Well, he might have forgotten one thing in that phrase — procrastination. For those multitudes subject to that bad habit, April 15, the infamous last day for Americans to file their tax returns, is here. That means late night number crunching, last minute scurrying to the post office, and long lines. Last year, more than 67 million Americans filed their returns, with a major uptick of nearly 6% of tax payers filing their returns electronically by themselves, according to IRS figures. It is estimated that one in four returns are filed in the last two weeks before the tax deadline, not including the 10 million Americans who also request an extension.
Take a look at the annual sprint that is Tax Day, which — if current trends continue — may look a lot different in the future.