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- 01:29, 19 October 2026 KarinaGaffney talk contribs created page Top Tax Scams For 2007 Subject To Irs (Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone who is in a high tax bracket to a person who is in the lower tax bracket. 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 can also be your children.<br><br>Whenever it is possible to transfer income to someone i...")