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| Remember to notify so you don't miss notices and owe penalties or lose points on your FICO score |
It’s great: you’ve found the perfect north Atlanta new home
for your family. You’ve got the closing date in mind and are giddy to call the
moving company and get the key in your hand. The Equifax Finance Blog reminds
us that it’s important to make sure we don’t forget to notify of moving during
all the excitement with the new article, “Tell the IRS and Your State When You Move.”
When you move, even if you have forwarding set up, it can be
hard for financial groups to catch up with you. Plus, it costs you time when
items have to be rerouted if you don’t change your address at the source. This
can mean everything from late payments to damage to your FICO score if tax agencies and
credit card companies can’t get in touch with you. This can be especially bad
in the case of taxes, where IRS letters turn into growing penalties on interest
and eventually into a lien on your finances.
