![]() ![]() ![]() Make sure the earnings are correct and that you have the proper amount of tax withheld. Pay close attention to your paystubs to help prevent end-of year surprises. Create and/or sign into your individual IRS online account to view your federal tax records, manage communication preferences, make payments and more.Notify the IRS if your address changes and notify the Social Security Administration of a legal name change.Record keeping can help you identify sources of income, track deductible expenses, and make preparing a complete and accurate tax return easier. Collect and keep your records and receipts.It is also a good time to account for any life changes that may affect your overall tax liability. A tax checkup will help you avoid being surprised with a potentially large tax bill and may help uncover ways you can save throughout the rest of the year. Summertime is the perfect time for a mid-year tax checkup.
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