Filing your taxes at the last minute? What you need to know

What if you woke up Monday and realized that you aren't even close to being ready to file your taxes? Well, no need to panic.

Getting an extension

Most taxpayers can get a six month extension if they ask for one. It will push that deadline out to October 15th, but you need do ask for one now.

Luckily, it's pretty easy. Log on to and search for form 4868. If you think you're owed a refund or are breaking even, getting an extension is as simple as filling out that form. The IRS will send you a confirmation number for your records and you don't need to mail-in a hardcopy.

If you're uncomfortable maneuvering through the web, you can do it the "old school" way - complete and return a paper version. An address will be provided on the form. Be sure you meet the April 15 deadline.

What happens if you think you owe?

Remember, this is an extension of the time to file your return and not an extension of the time to pay. You'll need to figure out an estimate and send that payment with your extension or you'll risk interest, late fees or penalties. It's easiest to pay using your debit or credit card or through e-file.

If you manage to finish them at the last minute

You have until midnight to file your taxes online, but post offices in Central Arkansas are not extending their hours if you're sending your taxes in on paper. The last opportunity you have to mail your returns is at the North Little Rock location on East McCain Road. The final collection time is 8 PM.