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- 00:12, 16 May 2026 AlannahCalhoun3 talk contribs created page 5 100 Why You Should Catch-Up Upon Your Taxes Lately (Created page with "<br>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 a person who is in a lower tax range. It may even be possible to lessen 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 easy to transfer income to a person in a low...")