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- 03:05, 22 September 2026 JanieLowman talk contribs created page 5 100 Excellent Reasons To Catch-Up As Part Of Your Taxes Today (Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone who is in a high tax bracket to someone who is from a lower tax group. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't have any other taxable income. Normally, the other body's either your spouse or common-law spouse, but it could even be your children. Whenever it is possible to transfer income to a person in...")