Kislak Tax & Notary Service's Blog

 

Here is your to-do list if you tied the knot this year; I know…I know, like you really need another to-do list along with the holidays. But here it is anyway, oh and congratulations!

 

 

Notify the Social Security Administration (SSA)

If one of you has taken on a new name, report the change

to the SSA. File Form SS-5, Application for a Social Security

Card.

It is important that your name and Social Security number

match on your tax return.

 

Notify the U.S. Postal Service

To ensure your mail, including mail from the IRS, is forwarded

to your new address, you’ll need to notify the

U.S. Postal Service. Submit a forwarding request online

at www.usps.com or visit your local post office.

Most post offices will not forward refund checks so be

sure the IRS has your correct address. Using electronic

Direct deposit for refunds can prevent them from being

delayed due to address mix-ups.

 

 

Notify the IRS If You Move

The IRS will automatically update your new address

upon filing your next tax return, but any notices the

IRS sends in the meantime may not get to you. The U.S.

Postal Service does not forward certain types of federal

and certified IRS mail. IRS Form 8822, Change of Address,

is the official way to update the IRS of your address

change.

 

 

Notify Your Employer

Report your name and/or address change to your

employer(s) to make sure you receive your Form W-2,

Wage and Tax Statement, after the end of the year.

 

Notify Financial Institutions

Financial institutions with which you do business need

to be notified to ensure that any Forms 1099 are sent to

the proper address. This would include banks and brokerage

firms, as well as employer-sponsored retirement

plans.

 

Check Your Withholding

If you both work, keep in mind that you and your

spouse’s combined income may move you into a higher

tax bracket. The IRS Withholding Calculator, available

at http://www.irs.gov, can help you determine whether you

need to give your employer(s) a new Form W-4, Employee’s

Withholding Allowance Certificate. Use the results to

fill out and print Form W-4 online and give it to your

employer(s).

 

Tell your Tax Professional

 

A big thank you goes out to the best tax reference company around, The Tax Book. I do believe my new reference book will be shipped out this week….yay. Among the many things on my to-do list before the end of the week, finding the live Christmas Tree for our home. Enjoy your day!

 

 

 

 

 

 

Filed under: Cheers, Filing, Forms, IRS, Tax Planning, Taxes, Taxpayer Education, Withholding Tagged: | Employment, IRS tax forms, Social Security Administration, Social Security number, U.S.Postal Service