In this enlightening episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, delves into the historical progression of Tax Day in the United States. The journey begins in 1913, marking the first year of tax filings with the original deadline set on March 1st. Subsequently, in 1918, the deadline shifted to March 15th, accommodating various changes. It wasn’t until 1955 that April 15th was established as the official Tax Day, a date we’ve adhered to for several decades. Dr. Friday emphasizes the significance of this historical evolution, reminding listeners of the importance and inevitability of filing taxes. The episode closes with an invitation to join the live Dr. Friday call-in show every Saturday afternoon on 99.7 WTN.
Transcript
G’day. I’m Dr. Friday president of Dr. Friday’s Tax and Financial Firm. To get more info go to www.drfriday.com. This is a one-minute moment.
Here’s an interesting fact. A lot of times people don’t realize, in 1913 was the first year we filed taxes and the tax day was March 1st. Then came a few other things and in 1918 they said, “Wait, the first is a little hard, let’s make it March 15th.” All the way until April of 1955, they changed it to April 15th in the year of 1955. So we’ve been only doing that for a period of years and so it’s important to understand tax day is tax day and we’ve been doing it for a long time. So for all of you that think, “Well, you know what, I don’t really need to file taxes.” Sooner or later you might find tax day a lot harder than you think.
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.