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- 04:09, 23 July 2026 OCIBonnie65 talk contribs created page 5,100 Top Reasons To Catch-Up Stored On Your Taxes Proper! (Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone which in a high tax bracket to a person who is from 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 other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it can also be your children. Whenever it is possible to transfer income to a perso...")