Tag: alternative minimum tax

The Alternative Minimum Tax: Will it affect you?

The Alternative Minimum Tax: Will it affect you?

In your tax planning, don’t overlook how your tax-saving strategies might be impacted by the alternative minimum tax. What is the alternative minimum tax? Enacted back in 1969, the alternative minimum tax (AMT) is a separate income tax calculation that was designed to make sure that high-income taxpayers pay a minimum amount of taxes, even if they have sufficient deductions…

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