April 15th of each year is National Tax Day. In the United States, the term “tax day” refers to the day on which individual income tax returns are due to the federal government. The day may also refer to April 15th for state tax returns.
Income tax was first collected in the United States in 1862 to fund the Civil War. It was deemed unconstitutional due to not being apportioned with conformity across the states. Once again, the United States enacted income tax with the 16th Amendment in 1913. At that time, the filing deadline was March 1. In 1918, the deadline was changed to March 15, and then in 1955, for the most recent change, the filing deadline was moved to April 15th. The day has come to be known as Tax Day.
The Internal Revenue Service (IRS) has announced tax relief for all individuals and businesses in Arkansas following the severe storms, tornadoes, and flooding beginning April 2. According to Monday’s news release from the agency, taxpayers in the Natural State, including Form 1040 filers, now have until Nov. 3 to file various federal individual and business tax returns and make tax payments.
Anyone seeking additional information can contact the IRS Special Services toll-free number at 866-562-5227.
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