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- 08:03, 27 July 2026 RamonGow64271 talk contribs created page Irs Tax Debt - If Capone Can't Dodge It, Neither Can You (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks from someone is actually in a high tax bracket to a person who is in the lower tax bracket. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't get 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 possible to transfer income to someon...")