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1 November 2024

  • curprev 06:5306:53, 1 November 2024‎ DemetriaRabinovi talk contribs‎ 3,783 bytes +3,783‎ Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone who's in a high tax bracket to a person who is within a lower tax bracket. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't have 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..."