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Why 2017 may prove to be a taxing year if you've got kids

from Financial Post

If you've got kids, 2017 might prove to be a more taxing year. For starters, last year saw the elimination of the Family Tax Cut, a version of income splitting that allowed an individual to notionally transfer up to $50,000 of income to his or her lower-income spouse or partner, provided they have a child who was under 18 at the end of the year. more

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