States Adopt Emancipation Day Deadline for Individual Returns; Some Opt Against Allowing Delay for Corporate Returns in 2012

Daily Tax Report: State provides authoritative coverage of state and local tax developments across the 50 U.S. states and the District of Columbia, tracking legislative and regulatory updates,...

A legal holiday for federal purposes is defined as a legal holiday in the District of Columbia, which includes Emancipation Day, celebrated in D.C. on April 16. In this article, Bloomberg BNA looks at how this holiday gives taxpayers, both corporate and individuals, extra time to get their tax returns in.