Getting married? Accepting a promotion? Buying a home? Even during exciting or trying times in your life, it’s good to remember that major life events can affect your taxes in many different ways. These events are sometimes unforeseen, but with some careful planning, you can be sure that your tax burden won’t catch you by surprise.
If you have or will be experiencing a significant life change this year, we have the information you need to understand how these changes will affect your taxes.
Are you a newlywed or planning on getting married this year? Congratulations! We hate to add more to your wedding planning to-do list, but there are a few ways that your nuptials will affect your taxes. Following these three tips can help you maximize your tax savings.
Alert Social Security of a name change