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- 13:49, 20 July 2025 Winnie8866 talk contribs created page Why Consumption Be Really Own Tax Preparer (Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks 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 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...")