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Hey, its every Americans favorite time of year. Guess what tax day your federal and state tax returns are due today. Its also the last day to file for an extension. And if youre a last minute filer, we have some very helpful tips here. Today is tax day, and if youre not submitting your return by midnight tonight, youre going to need to file for an extension. They can actually file an extension online for free using IRS free file through form 4868. This will give you until October 17th to get the paperwork in, but remember that an extension to file is not an extension to pay. The IRS expects you to pay your tax liability by the April 18th filing deadline. If you owe money, youll have to estimate your tax liability and. Make a payment if you cant pay right now, dont panic. The taxpayers financial situation is very, very complicated. At this time. They dont have money to pay this. They should definitely contact the IRS and arrange for a payment plan so they can pay in installme