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- 06:43, 15 August 2026 LelaZrw625 talk contribs created page Why Consumption Be Your Tax Preparer? (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone which in a high tax bracket to someone who is in a lower tax bracket. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't have any other taxable income. Normally, the other person is either your spouse or common-law spouse, but it could even be your children. Whenever it is easy to transfer income to a person in a lower ta...")