Like every other year, there are changes taking effect this year regarding federal income tax filings for individuals. With 2011 W-2 forms now out and people focused on getting their taxes done in the next two and a half months, taxpayers should be mindful of many of these changes.
For starters, is it important for people to remember that once again they have two extra days to file their tax returns this year beyond the traditional April 15 date. With April 15 falling on a Sunday this year and April 16 being Emancipation Day in Washington, D.C., people have until Tuesday, April 17 to file if they need it. This could be beneficial in helping to ease the last-minute crunch.
