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  • 18:23, 23 July 2026 Pearlene78C talk contribs created page 2006 Involving Tax Scams Released By Irs (Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone is actually in a high tax bracket to a person who is in a lower tax group. 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 body's either your spouse or common-law spouse, but it can also be your children. Whenever it is easy to transfer income to someone in a lower...")