Why so many people fail to file their tax return

Annually, millions of Americans are worried about the inescapable; they must gather all their receipts and records and gear up to file their Federal Income Tax Returns. When was tax season originally opened? Here we will try to find out the magic day of April 15 and why it was the appointed tax day.





During Abraham Lincoln’s presidency in the 1860’s, were first legally required to pay income taxes. The President and Congress created the Commissioner of Revenue and enacted a Federal Income Tax law in order to fund the costly Civil War.





The first deadline for filing your income taxes was March 1, not April 15. In 1918, Congress pushed the date farther to March 15. Then in 1954, the date was again moved, this time to the date we know today as tax day, April 15.



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If you are an individual taxpayer, the deadline for filing either a return or an extension (Form 4868) is April 15. Corporate and other legal persons are required to file their tax returns or an extension by March 15. The extension only grants you additional time to file your tax return, not additional time to pay if you have outstanding taxes.



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For a number of years after World War 2, the tax burden was shared relatively uniformly among the corporate world and the individual taxpayers. Today, the shift seems to be toward the individual carrying the load of the tax burden.





In 1918, an interesting incident took place during the creation of income taxation laws in America. Up until then, a good amount of the revenue for government funding has been coming from alcoholic beverage sales.





Then, the Prohibition in 1919; Congress approved an amendment to the Constitution that proclaimed it against the law to manufacture or vend alcohol. So as to restore that lost revenue, income tax was the intended solution, and regardless of the repeal of Prohibition, we’ve been paying income taxes ever since.





Ever since the Revenue Act of 1942 was voted for and the “New Deal” period was set in motion, government control and spending has continued to swell exponentially, and at present the American taxpayer backs up a multi-trillion dollar National Debt.





At this time, all the tax policy for this country are under the management of the Internal Revenue Service, in which exist four major divisions: Wage and Investment, Small/Business Self-Employed, Large and Midsize Business, and Tax Exempt and Government. Every division oversees the taxpayers and the laws as they are pertinent to their specific department.





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