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- 12:28, 20 July 2025 UnaReaves508682 talk contribs created page 3 Facets Of Taxes For Online Businesses (Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks from someone can be in a high tax bracket to a person who is from a lower tax bracket. 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 can also be your children. Whenever it is possible to transfer income to someone i...")