Tax Day has arrived. Read this if you still need to file

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Really: The IRS will give anyone who asks, a 6-month "extension to file".

"Taxpayers are reminded.that an extension of time to file is not an extension of time to pay". CBS News reports that around 50-million taxpayers have actually spent the past week scrambling to file their returns.

Some people wait until the last minute to file for taxes because they can not pay what they owe. "He will file his tax return by the extension deadline of October 15, 2018". But you still have to pay your taxes.

"If your return is very simple and you do understand the questions and how to fill it out online then that is a great way to do it", Tollefson said. "The IRS could even file a tax return for you (called a Substitute for Return), which may overstate your tax liability".

Income taxes, both federal and state must be electronically filed by 11:59 p.m. April 17th, or if by mail, postmarked by April 17th.

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It doesn't draw any attention to you. In fact, you have up to three years to collect what you're owed. "Because if you do owe at the time you file you can receive an installment agreement".

If you can't pay, they do have payment plans, but experts suggest you pay off what you can as soon as you can, because you'll still incur those penalties and be charged interest.

For those who are owed a refund, however, there is no penalty for filing late. The IRS charges 5 percent per year, compounded daily, on any unpaid balance; the late-payment penalty is 0.5 percent per month. "We are working to resolve the issue and taxpayers should continue to file as they normally would". Most of the post offices in the Fresno area are not staying open later so be sure to check the times to get those papers in before they close.

Walker said her office has been in crunch mode the past few days, but you can still make the Tuesday deadline.

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