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- 18:02, 15 May 2026 SallieGreenwald talk contribs created page 5 100 Reasons To Catch-Up On Your Taxes Lately (Created page with "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 within a lower tax segment. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't get 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 possible to transfer income to someone in a...")