Tips For Filing Taxes At The Last Minute

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(Memphis) In the Mid-South and across the country, people are waiting until the last minute to file their taxes.

JoJo Williams rushed to Jackson Hewitt this morning because time is running out, "I had enough money to last me through the end of the month. So I had to come on and file my taxes cause I need my money now."

"It's the last dayso I need to get it off now before I be penalized," Williams continued. "I don't want to be penalized."

If tax returns are not postmarked by midnight, you can expect a fine.

People who owe money do not have to pay on Tuesday if they do not have the cash.

Tax experts said there are other options.

"What an extension does is it extends the filing date for that person. The government will give you an automatic extension, but you have to file for it. You just can't assume they're going to give it to you," Rob Perry, Spokesperson for H&R Block said.

However, an extension does not let you off the hook.

You are still expected to file returns and cough up any money owed, most likely with interest.

For procrastinators like JoJo Williams rushing in at the final hour, make sure you are prepared.

"The best advice I can give is make sure you have all of your paperwork in order when you come in to see us," Perry said.

The post office will not be staying open late this year because more people started filing their taxes online.