Taxpayer asks: Hi Taxgirl, I’m helping a non-profit run its VITA program this year. I just found out today that due to late passage of
Read MoreTag: alternative-minimum-tax
Plop, Plop, Fizz, Fizz – Lame AMT Relief It Is
Congress finally made up its mind about the AMT – on the last day of business for 2007. The House voted 352-64 to “patch” the
Read MoreThe Mother Of All Tax Bills
Rep. Charles Rangel (D-NY) has unveiled what he calls “the mother of all tax bills.” The result would be a sizable “re-shifting” of the current
Read MoreBut I’m Not Rich!
That’s what many folks think when asked to consider whether they will be affected by the AMT (Alternative Minimum Tax). But here’s where they’re wrong:
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