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Are There Tax Benefits to Tying the Knot Before Year-End?

December 10th, 2009

Christmas brides and grooms take heed – there may be no tax benefits to marriage before year end, but that may not be a good enough reason to postpone the big day!  Conjugal relationships—legal or common law—require the combining, reporting, and sharing of financial resources under provincial marital property laws and for certain provisions of the Income Tax Act.

Click here to read the full article on the Knowledge Bureau web site.



Posted by: NALH Bookkeeping Services
Categories: Tax Tips
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