• Notify the payroll department of  your employer(s) if you have changed your address throughout the year
• Notify the payroll department of your employer(s) if your tax situation has changed due to marriage, separation, divorce, citizenship status, delivery of a disabled child or became a student
• Declared bankruptcy during the year?  The Trustee must file a tax return on Form 1041
• If a taxpayer is deceased, see Pub 559 “Survivors, Executors and Administrators”
• If a business has failed throughout the year, be sure to file a final return.  You may be entitled to carry forward losses
  

  Helpful Hint:  If you own a business, consider hiring your child.  You may deduct the cost of the salary as long as the work your child does is necessary and the salary is reasonable considering your child’s age and the amount you pay is what you would pay someone else.

All records must be kept for 3 to 7 years (See Insert 25)