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• 20:59, 26 February 2025 MonikaGoff671 talk contribs created page 3 Facets Of Taxes For Online Businessmen (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 within a lower tax segment. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't possess 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 someone in a lower...")