Why is April 15 Tax Day? This is the Surprisingly Simple Answer!

4 months ago
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Uncover the surprising story of April 15th—America’s infamous Tax Day! In this video, we zip back to 1913, when the 16th Amendment greenlit federal income tax, turning your paycheck into Uncle Sam’s piggy bank. Why April 15th? It wasn’t always so—originally March 1st, the IRS slid it to 1955 for smoother processing as returns skyrocketed (from 4.9 million in 1918 to 51 million by 1950). We’ll break down why weekends or holidays, like Emancipation Day, bump the deadline—think April 17th in 2023 for D.C.’s sake. From Wilson’s revenue dreams to today’s e-filing frenzy (over 150 million returns annually), get the lowdown on how Tax Day evolved into a national rite of stress and calculators!

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