The AMT: Is it Necessary?
The IRS is reminding taxpayers and Congress alike that if the annual “AMT patch” isn’t renewed before the end of the year, millions of taxpayers (28 million) would be on the hook for thousands more per person in tax payments. But we need more than just a “patch”. We should strive to eliminate the AMT from the tax code. Here’s why: The Alternative Minimum Tax | Read More »