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Offshore Accounts And The Latest Irs Hiring Spree: Difference between revisions

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Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone who's in a high tax bracket to someone who is in the lower tax group. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't get 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 possible to transfer income to someone in a lower..."
 
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