There is very likely a tax break for you, and you might start consider life events as a source for identifying how and what to file. “Planning is more and more critical at each of the life stages,” said Timothy Gagnon, professor of accounting at Northeastern University's D'Amore-McKim School of Business in Boston. From going to college to retiring, and everything in-between, you will likely be faced with a tax choice. Likely if you received a greeting card for the event, you should notify your accountant of the life change.
Tax breaks for every life stage
There is very likely a tax break for you, and you might start consider life events as a source for identifying how and what to file.
