To meet this requirement, returns need not reach the IRS by that date, but they must be postmarked with that date affixed.
Consider the dismay of these tax filers when they discovered that every single post office in Grand Cayman was closed. That’s right, shuttered for the entire day. They were having a “staff meeting.”
It is worth remembering that “service” is the surname of the “civil service,” and worth contemplating how anyone in the civil service would make a decision to shut down a vital communications service of “the fifth largest financial center in the world” for a “staff meeting.”
It is no wonder that the Ernst & Young report on the rationalization of the civil service makes several recommendations with regard to the Postal Service, starting with ways to improve utilization, increase revenues and reduce costs, and ending with privatization.
For the record, Cayman’s Postal Service loses approximately $1 million per year.