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- 15:15, 21 September 2024 CoySimone84066 talk contribs created page The Irs Wishes Shell Out You 1 Billion Profits (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone is actually in a high tax bracket to someone who is from a lower tax clump. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't possess any 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 i...")