Ides of March

Beware the Ides of March and Friends, Romans and countrymen; are both famous passages from Shakespeare’s play, Julius Caesar.  This play was first performed around 1600.

“Caesar: The ides of March are come.

Soothsayer: Aye, Caesar, but not gone.”

Druing the Ides of March a passerby warned to Caesar of a plot to assassinate him.  He should have heeded the warning, because he was murdered soon after.

The Ides of March; the date of the Roman full moon, was also the date for tax collection and debt payment.

The Sixteenth Amendment to our Constitution passed Congress, July 2, 1902 and ratified February 3, 1913.  The amendment gave congress the authority to establish the Internal Revenue Service (IRS) and tax the income of individuals on the first day of March every year.

Congress changed the tax day date in 1918 to March 15.

Once again in 1953 congress voted to push the date forward to April 15 for the filing of tax forms and paying personal and corporate taxes to the US Treasury. Partnerships and some corporations have other filing dates.

Was that a move away from the Ides of March?

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