Alternative Minimum Tax | Tax Planning

Alternative Minimum Tax | Tax Planning

The purpose of the alternative minimum tax (AMT) is to help keep the wealthy from using tax loopholes in order to avoid having to pay taxes. It was designed to…

Basics of Alternative Minimum Tax Explained

Basics of Alternative Minimum Tax Explained

What is Alternative Minimum Tax? The underlying purpose of alternative minimum tax is to provide protection to individuals who have higher earnings in situations where they might pay little or…