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• 12:38, 11 November 2024 DeboraChristians talk contribs created page 10 Tax Tips To Scale Back Costs And Increase Income (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone will be in a high tax bracket to someone who is in a lower tax area. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't possess other taxable income. Normally, the other person is either your spouse or common-law spouse, but it can also be your children. Whenever it is possible to transfer income to a person in a lower ta...")