10 Little known facts about Tax Day

April 15, 2014 — Leave a comment

The Joy of Tax Law

Happy Tax Day!  Tax Day is known to make people depressed, angry and resentful, so we thought we’d share some light-hearted facts to help spread “The Joy of Tax Law.”

The Facts

  1. Tax Day, unfortunately, is not a federal holiday; however, it may be moved from April 15 to accomodate other holidays or important dates.

  2. The portion of the tax code relevant to filing Form 1040(US Individual Tax Return) is about 740 pages.  The entire Internal Revenue Code is about 70,000 pages, or 4 million words.  That’s one reason we recommend consulting a tax professional for all your tax-related affairs.  

  3. There are 1,132 downloadable tax forms from the IRS.  Woah.

  4. Not all state income taxes are due on the federal deadline.  Deleware, Hawaii, Iowa, Louisiana, Maine, Massachusetts and Virginia all have later due dates.  Click here for a full list of state tax deadlines.

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