First, I would like to congratulate Mr. and Mrs. Brian and Melba Beatty on joining the world of marital bliss! In talking about marriage, let's discuss some tips to avoid stress at tax time.
1. Brides...please notify the Social Security Administration of your name change so your name and SSN will match when you file your next tax return. Informing the SSA of a name change is quite simple. File a Form SS-5, Application for a Social Security card at your local SSA office. The form is available on SSA’s Web site at www.socialsecurity.gov.
2. If you have a new address you should notify the IRS and state taxing agency. This is crucial! In the event that they have to send you critical information, or some random refund that you may be due, you want to be sure it makes it to you.
3. Report any name and address changes to your employer(s) to ensure receipt of your Form W-2 after the end of the year. It won't be cool when you're still wondering where your documents are and April 15th is rapidly approaching.
4. Change your W-4. Pay close attention here...you will change your status from Single to Married, however, be sure to accurately fill out the form in regard to exemptions. You don't want to have too little withheld and have a hefty tax bill next year. Of course, like Brian and Melba, our office can prepare this updated form for you.
Remember, your questions and comments are what will make this blog more valuable and worthwhile! Feel free to post your questions or comments here, or you can give us a call at (866) 510-5477 or via email info@proctortaxprep.com
