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  • 00:28, 1 November 2026 RochellTrommler talk contribs created page Top Tax Scams For 2007 As Mentioned By Irs (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks from someone who is in a high tax bracket to a person who is within a lower tax group. 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 individual 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 i...")