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• 02:11, 2 April 2025 BonitaJames4 talk contribs created page 3 Elements Taxes For Online Businesspeople (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks from someone which in a high tax bracket to someone 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 possess any other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it could even be your children. Whenever it is possible to transfer income to a...")