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- 10:24, 9 May 2026 ChelseyGuenther talk contribs created page Irs Due - If Capone Can t Dodge It Neither Are You Able To (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 a lower tax group. 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 person is 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 bra...")