AMT: The Oxymoron

AMT: The Oxymoron

The concept of the alternative minimum tax is anything but minimum. The complex tax code in America originally enacted the AMT in 1969 as a way to keep high-income taxpayers from ...…

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Tax Law Changes for 2012, and 2013

Tax Law Changes for 2012, and 2013

It has been a very busy month for the Internal Revenue Service. Members of Congress finally nailed down some tax legislation for 2012, and 2013. However, their last minute decisions put the IRS behind when it comes to processing tax returns because the agency has to work to update its software to adjust for the new laws...…

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