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Midyear Tax Planning For Newlyweds
(By – Dee Lee, boston.cbslocal.com)
Those June weddings we talked about last month all have a tax consequence to them. The newlyweds are sending out thank you notes right about now, but there is a bit more paperwork for them. The first thing on the list is a change of name and address. If you have decided to change your name, make a list of everyone who needs to know your new name and address. If you chose to use your spouse’s last name, the first change of name & address should be the Social Security Administration to update your information. Do the same with your employer and then start the changes on all of your financial accounts, credit cards and legal documents. Read more…