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Watch out for the alternative minimum tax

$225.00

SKU: TXIso163. Category: .

Description

Abstract: The IRS designed the alternative minimum tax (AMT) to prevent the wealthy from exploiting certain tax breaks to avoid paying their fair share of taxes. Today, however, the AMT ensnares an increasing number of middle-class and upper-middle-class taxpayers. This article summarizes the AMT exposure and offers planning strategies that can reduce or eliminate the tax.

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