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- 05:58, 16 October 2024 ShellyCleburne talk contribs created page How To Pick From Your Canadian Tax Software Packages (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 a person who is within a lower tax clump. 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 a person in a lower tax...")