inception-app-prod/MmEzZGUyYjktMWRmNC00M2ZjLWE4NGYtZDZkYTVjM2MzNzNm/content/2022/02/ba3486407c6d06cb4c240bb4f1c780646868e4eb.png
  • Areas
    • Bloomfield Hills
    • Oakland Township
    • Rochester Hills
    • Troy
  • Our blog
  • Resources
    • How much is your house worth?
    • Real Estate Activities
    • Mortgage Lenders
    • Homes Inventory
    • Days on the Market
    • Average Home Sales Price
  • About us
    • Why Us
    • Clients’ love
    • Contact
    • Meet the Broker
    • Join Our Team
inception-app-prod/MmEzZGUyYjktMWRmNC00M2ZjLWE4NGYtZDZkYTVjM2MzNzNm/content/2022/02/606dec8443d063f032238edc7e46536d09e6883f.png
(248) 247-5000
Sign In
Sign Up
inception-app-prod/MmEzZGUyYjktMWRmNC00M2ZjLWE4NGYtZDZkYTVjM2MzNzNm/content/2022/02/ba3486407c6d06cb4c240bb4f1c780646868e4eb.png
  • Areas
    • Bloomfield Hills
    • Oakland Township
    • Rochester Hills
    • Troy
  • Our blog
  • Resources
    • How much is your house worth?
    • Real Estate Activities
    • Mortgage Lenders
    • Homes Inventory
    • Days on the Market
    • Average Home Sales Price
  • About us
    • Why Us
    • Clients’ love
    • Contact
    • Meet the Broker
    • Join Our Team
inception-app-prod/MmEzZGUyYjktMWRmNC00M2ZjLWE4NGYtZDZkYTVjM2MzNzNm/content/2022/02/ba3486407c6d06cb4c240bb4f1c780646868e4eb.png
inception-app-prod/MmEzZGUyYjktMWRmNC00M2ZjLWE4NGYtZDZkYTVjM2MzNzNm/content/2022/04/dee1c1c7e47fe10a45bd4ad18203756968c8c4cc.jpg
Market Insight

Why Taxpayers Got an Extra Day to Pay

inception-app-prod/MmEzZGUyYjktMWRmNC00M2ZjLWE4NGYtZDZkYTVjM2MzNzNm/content/2022/02/970f126c3e2e6b5f6637c97d47b7980b89e86cfd.jpg
Nash Khraishi,04/18/2022

The tax benefits that Southeast Michigan homeowners experience come into sharp focus on days like Monday. The nominal Tax Day—April 15—fell on Friday of last week, so Southeast Michigan taxpayers who had labored long into the night last Thursday might have been surprised to learn on Friday that their Federal Income Tax returns were not due until after the weekend. The reason was not to give John Q. Public an extra weekend to gather the paystubs, canceled checks, and receipts—it was, more or less, to provide Federal workers an extra day off. 

Washington, D.C. is the only place in the country whose residents observe April 16 as a legal holiday—“Emancipation Day.” April 16, 1862, was the date that Abraham Lincoln signed the Compensated Emancipation Act, which freed 3,000 slaves in the District. National emancipation didn’t happen until after the end of the Civil War in 1865. 

Even given the D.C. holiday, Southeast Michigan taxpayers may wonder why Friday, April 15, was nixed as Tax Day since April 16 fell on Saturday. The unofficial reason is that the Federal workers were given the day off on Friday because when Federal holidays fall on a weekend, the day to observe it is moved to a nearby workday: Friday this year. To have allowed the observance to fall on a weekend would have bilked the Washington, D.C. federal workers out of a day off. They might have felt put upon.

Even Southeast Michigan taxpayers who heard the explanation may not have eluded the traditional raising of blood pressure that goes with deciphering tax forms. On the other hand, for taxpayers in Maine and Massachusetts, because their states’ “Patriots Day” holiday always falls on the third Monday in April, their returns weren’t due until Tuesday, which might leave their blood pressures relatively undisturbed on Monday. But for Southeast Michigan taxpayers who are thinking that an extra Michigan holiday should be declared if for no better reason than to keep pace with the other states, no proposal has yet appeared. The tax advantages afforded by their Southeast Michigan real estate holdings will have to suffice for the foreseeable future. For taxpayers who have yet to take advantage of those, call me!

Print Details
Previous post
Next post
What Remodeling Project Returns More than It Costs?
Is Now the Time to Buy a Home? 6 Personal Questions

Search Homes for Sale

Enter city, zip, neighborhood, address…
Loading in progress…
No results found
Type in anything you’re looking for
Search

Get in touch

Send
Submitting
Success! Your message was sent!
Oops! Error occurred.

Homes Main Realty

200 E Big Beaver RdTroy, MI 48083
(248) 247-5000

(248) 970-9110 Text

info@homesmain.com

Essentials

  • How much is your house worth?
  • Where would you like to live?
  • Real Estate Activities

Explore our communities

  • Join Our Team
  • About us
  • Contact us

Consumer Protection & Privacy

  • DMCA Compliance
  • Accessibility
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.
inception-app-prod/MmEzZGUyYjktMWRmNC00M2ZjLWE4NGYtZDZkYTVjM2MzNzNm/content/2022/02/769cb84bad8eda1511760cd2a3c9700a86242db0.png

© 2022 All rights reserved

Created with Placester

Sign in

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Enter your email address

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Sign Up
Your password has been successfully reset.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Welcome!

Make sure to sign up to receive the newest home listings and the latest real estate market updates:
Send
Awesome!
Thank you! Someone will be in touch with you shortly!
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Please wait...

Account Verified!
You may now log in into your account
Go to the homepage
Verify your email address
In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link