Tax Day: History, Facts & Insights

This is an in-depth look at all the must-know facts about Tax Day (2024) 🗓️ that no one tells you about. Tax Day is celebrated on April 18th.

Among the information you’ll find below: the history of Tax Day, activities to do on and how to observe this holiday, as well as fun facts you ought to know about Tax Day.

📅 What day is Tax Day 2024?

In 2024, Tax Day is on Tuesday, April 18th. It is the 3rd Tuesday in April; in 2024, it is Thursday. There are until the next observance. You also can see all the exciting details and facts about April 18, 2023, that you might not be aware of.

Are you still sorting through a pile of receipts from last year? Welcome to the annual financial nightmare in America. It’s Tax Day, April 18th, and the IRS has finally lost its patience. Unless you’re expecting a large refund (or work as a highly-paid accountant), Tax Day is usually not a joyous occasion. Despite the fact that Form 1040 has become shorter, most Americans still find it too challenging to file their taxes without assistance. It wasn’t always like this though. The IRS wasn’t established until 1862 when the federal government started collecting taxes by seizing property and income. If you’re still struggling, don’t worry, you can always file for an extension if you need more time.

📜 Tax Day History

✅ Tax Day Facts

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👍 Why Is Tax Day Important

W-2s and 1099 forms Donation receipts and bank statements To be able to do your taxes, you must gather a large amount of paperwork (even if you have help). However, once everything is in place, you can see how much money you made last year and where it went.

You begin to see the various ways you can get money back, such as mortgage interest, donations, and even unpaid job-related education. Once you’ve decided on a strategy, you may begin planning for the following tax year.

If you overpaid on your taxes last year, you are entitled to a refund. If not, it may be time to change your withholding (or estimated tax payments).

🙂 How To Observe Tax Day

⚡ Make a vow to start earlier next year
By doing so, you will be able to allocate more time for tasks such as laundry, television viewing, or socializing with friends during daylight hours.

⚡ Break out the ‘income tax’ cocktail
This drink, called a Bronx cocktail, is made with gin, sweet vermouth, dry vermouth, and orange juice. It also includes a touch of bitters, which captures the mix of joy and sadness that the day brings.

⚡ Host a tax potluck party
Why not turn tax preparation into a fun gathering with friends? Instead of doing it alone, hosting a party where everyone can work on their taxes together can be a great idea. While going through the forms, you can even have some fun by giving out awards for creative deductions or recognizing the person with the highest tax return.

📅 When is Tax Day?

Explore all 🔗 April holidays, including 🔗 Special Interest and other 🔗 Federal holidays.

We will continue to update this page with new information and cool facts about Tax Day. So be sure to check back soon.