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- 16:28, 31 August 2026 EricaMoreau0865 talk contribs created page How To Report Irs Fraud And A Reward (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone is actually in a high tax bracket to someone who is in the lower tax range. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't possess 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 a person...")