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- 23:26, 16 May 2026 Myles13N72 talk contribs created page 3 Elements Of Taxes For Online Businesspeople (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks from someone can be in a high tax bracket to someone who is in the lower tax range. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't have any 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 possible to transfer income to someone in a lower...")