Tag: Common law Taxes

Are You Married in the Eyes of the CRA?

Does “it’s complicated” describe the status of your relationship? If you’re living with your better half, but haven’t made it official, you might be wondering how the Canada Revenue Agency (CRA) views your relationship with your partner. Claiming your relationship properly on your taxes…

Filing Taxes in a Common-Law Relationship: 4 Top Things to Know

Dating? Engaged? In a relationship? Just ‘friends’? We understand the stress of putting labels on relationships in today’s society but it’s particularly important to note where you stand with your partner come tax time. In fact, if you’ve been wanting to talk about your…

Ready to combine finances? Read this first

You and your better half share everything. His dessert? Your dessert. Her cozy towels? Now your cozy towels. If your relationship is solid and you’re thinking about merging your money, there’s a conversation you’ll need to have. It’s a big move, so we’ve come…

How a change in your relationship affects your taxes

Relationships are complicated, and whether you’re moving in together or moving on, it’s good to remember that a change to your marital status can impact your government benefits. Though it’s probably not on the top of your to-do list right now, it’s important to…