What If I Didn’t File My Taxes by April 15th?

It is well after the tax deadline of April 15th and you suddenly realize you have not sent in your federal income tax. What now? Many people will panic and think the feds will soon be knocking down their door. Out of fear, many more people will choose to not act and turn in the required forms since they are already so late. It can be a scary situation, especially if you owe taxes to the government and don’t have enough money to pay in full.