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Strategies to Reduce Taxes – Family Income Splitting
The Canadian income tax system is considered “progressive”. In other words the more money you earn the more tax you are expected to pay.
It is said that the only two things in life that are certain are death and taxes.
This time of year many "tax factories" spring up.
By the time most Canadians sit down to gather together information slips and receipts to prepare their personal tax return, any opportunities to minimize tax payable for the year are, for the most...