Filing a tax extension can be a good option for taxpayers who need a little more time to get tax documents in order. However, don't be fooled! Filing a 6 month extension will allow for more TIME to file your tax return. It does not allow more time to PAY your tax liability. If you typically owe taxes come tax time, file by the April 15th deadline. ALWAYS! Do not extend your tax filing deadline. The interest and penalties tacked on to your already existing tax balance can