By the Numbers: Tax Day 2015

With Tax Day less than 40 hours away, the personal finance website WalletHub today released its Tax Day 2015 By The Numbers report.

April 15 is one of those dates that’s simply synonymous with a particular event, representing Tax Day like Dec. 25 and Jan. 1 do Christmas and New Year’s, respectively. The glaring difference is that we approach this IRS holiday with foreboding – images of audits and unpaid liabilities dancing in our heads rather than sugar-plums.

Such concerns, embedded in our DNA since Revolutionary times, are also well-justified – considering that we collectively fork over $3.1 trillion to Uncle Sam each year and spend 6.1 billion hours making sure our payments are proper.

tax-day-by-the-numbers-infographic


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