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  • 02:34, 29 July 2026 BevDarrell1 talk contribs created page Sales Tax Audit Survival Tips For That Glass Business! (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone which in a high tax bracket to a person who is in the lower tax clump. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't have other taxable income. Normally, the other person is either your spouse or common-law spouse, but it can also be your children. Whenever it is possible to transfer income to a person in a lower...")