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• 12:00, 20 May 2026 AmieHaire840363 talk contribs created page Don t Understate Income On Tax Returns (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone who is in a high tax bracket to a person who is in a lower tax group. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't possess any other taxable income. Normally, the other body's either your spouse or common-law spouse, but it could even be your children. Whenever it is possible to transfer income to a person in a...")