alternative minimum tax (AMT) Archives - Page 3 of 3

Shamsey Oloko March 17, 2016 Alternative Minimum Tax (AMT), Business Expenses, Capital Gains, Capital Losses, Charitable Contributions, Child and Dependent Care Credit, Child Tax Credit, Deductions, Expenses Deductions, Filing Status, Income Tax, Representation, State & Local Taxes, State Sales Tax, Taxable Income

The Alternative Minimum Tax, Explained

Under the Internal Revenue Code and the vast body of rules and regulations related thereto, certain tax benefits can significantly reduce the amount of taxes that a taxpayer may owe. The alternative minimum tax (AMT) applies to those taxpayers with…