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Dernière version du 21 juillet 2025 à 21:45
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S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone can be in a high tax bracket to a person who is from a lower tax clump. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't possess 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 someone in a lower tax bracket, it must be done. If profitable between tax rates is 20% your family will save $200 for every $1,000 transferred to the "lower rate" relation.
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He wanting to know a lot more was worried that I paid quantity of to The government. Of course there had not been need should worry because I had made sure the proper amount of allowances were recorded in my small W-4 form with my employer.
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