Click here to book a call with Paul: https://calendly.com/westendwealthplanning/introcall?preview_source=et_card&month=2024-07Click here to book a call with William: https://calendly.com/westendwealth/introcallThis week, Paul & William look at the different ways in which splitting income with your spouse can help save you big on taxes.They explore various approaches applicable to different situations, including those for both businessowners and salaried employees, emphasizing the potential benefits and legal considerations of each strategy.The key takeaways from this episode include:Income splitting is an effective strategy for couples to reduce their overall tax burden by taking advantageof each spouse's differing income levels and tax rates.The importance of understanding the rules and requirements for each strategy to ensure they areimplemented correctly and effectively, avoiding potential legal and tax penalties.Connect With Paul & William:Connect with William on LinkedIn:/ williambarrecaConnect with Paul on LinkedIn:/ paulbarrecaFollow William on X:/ willbarrecaThe views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Hosted on Acast. See acast.com/privacy for more information.

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