Annual Taxes - Humor In The Drudgery: Difference between revisions
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Revision as of 22:51, 7 October 2026
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 someone who is in the lower tax bracket. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't have got other taxable income. Normally, the other body's either your spouse or common-law spouse, but it can also be your children.
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