Family life

Week 11's tax tip: Inform your accountant of major life changes

Get on top of tax season with our 11th weekly task and tip

By Erin Pooley
Week 11's tax tip: Inform your accountant of major life changes

Join us each week for a to-do and helpful tips so you'll be ready for tax season and save money this year!

This week's task and tip:

Inform your accountant of major life changes: Moved? Had a new baby? Separated? Let your accountant know before submitting your tax package at the end of this month. If you forget to provide the location of your new digs, your refund could be sent to the wrong address. If you added a little one to your family, this will affect any additional child benefits, deductions and credits you can claim. A change in marital status could also affect some of the family-centred benefits and credits spouses can claim.


Check out week one's tax to-do: Find the right accountant for your family's needs
Check out week two's tax to-do and tip: Create the perfect organization system
Check out week three's tax to-do and tip: Check your tax check list
Check out week four's tax to-do and tip: Round up your kids' activity receipts
Check out week five's tax to-do and tip: Sort out your family's medical expenses
Check out week six's tax to-do and tip: Get your kids rental receipts and tuition slips

Check out week seven's tax to-do and tip: Request donation receipts
Check out week eight's tax to-do and tip: Track your trades
Check out week nine's tax to-do and tip: Write-off home office expenses
Check out week 10's tax to-do and tip: Stay informed of tax changes

This article was originally published on Jan 19, 2012

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