Do you know about the Alternative Minimum Tax?
More folks are starting to ask me to explain the Alternative Minimum Tax and how to know if they’re subject to it. I find in my practice that most folks aren’t even aware that this tax exists unless they get hit by it. So I thought it was a good time to run an AMT-101 lesson for you. What is the AMT? The AMT is essentially a separate federal income tax system with its … Read More