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- 14:03, 22 July 2026 LamontAldrich4 talk contribs created page Why You Can't Be Your Personal Tax Preparer? (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone who's in a high tax bracket to someone who is from a lower tax segment. It may even be possible to reduce the 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 could even be your children. Whenever it is possible to transfer income to a person in a...")