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- 16:23, 30 August 2026 UrsulaLowes5 talk contribs created page 5,100 Why You Should Catch-Up On Taxes Lately! (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone who's in a high tax bracket to someone who is from a lower tax range. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't have other taxable income. Normally, the other individual is 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 low...")