April 15 - A Lighthearted Look at an Infamous Date
Everyone knows the implications of "April 15" - Tax day is here. When the 16th Amendment was adopted in 1913, allowing Congress to institute the income tax, the original tax return preparation deadline date was March 1. Five years later, Congress inexplicably changed the date to March 15. In 1955, the date was changed again to April 15, presumably "to spread the workload," according to IRS spokespersons. We are sure that the fact that most people got refunds didn't influence the government's decision to hold on to taxpayer's money for another month...
So, for the last 47 years, April 15 has been associated with the "dreaded day," the day individual income taxes are due in the U.S.
We thought it might be fun to take a look back at history and see what other events have been associated with April 15:
- April 15, 1452: Leonardo da Vinci is born
- April 15, 1783: The Continental Congress ratifies preliminary articles of peace ending the Revolutionary War with Great Britain
- April 15, 1850: The City of San Francisco is incorporated
- April 15, 1861: Three days after the Confederate attack on Fort Sumter, President Lincoln declares a state of insurrection and calls out Union troops
- April 15, 1865: President Lincoln dies, several hours after he is shot at Ford's Theater in Washington
- April 15, 1892: The General Electric Co. is incorporated in New York
- April 15, 1912: The British luxury liner Titanic sinks less than three hours after hitting an iceberg
- April 15, 1923: Insulin becomes available for general use
- April 15, 1924: Rand McNally publishes the first comprehensive Road Atlas
- April 15, 1927: Douglas Fairbanks, Mary Pickford, and Norma and Constance Talmadge become the first celebrities to leave their footprints in cement at Grauman's Chinese Theater
- April 15, 1934: Dagwood and Blondie Bumstead welcome a baby boy, Alexander, to the comic strip, Blondie
- April 15, 1945: President Franklin D. Roosevelt is buried at his family home
- April 15, 1947: Jackie Robinson, baseball's first black major league player, makes his official debut with the Brooklyn Dodgers on opening day
- April 15, 1955: Ray Kroc opens the first McDonalds restaurant in Des Plaines, Illinois
- April 15, 1992: Hotel magnate Leona Helmsley begins serving a prison sentence for tax evasion (we especially like the choice of the sentencing date!)
Congratulations on another successful tax season!
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.