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• 05:21, 6 March 2025 IzettaMccollum talk contribs created page 5 100 Why Catch-Up Within Your Taxes Nowadays (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone who's in a high tax bracket to a person who is within a lower tax bracket. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't have 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 easy to transfer income to a person in a lower tax...")