A commenter on an earlier thread complained about the Alternative Minimum Tax (AMT), saying it should be abolished. He seemed somewhat misinformed, suggesting that the alternative to the AMT is better ...
The patch ends here. As part of the fiscal cliff negotiations, Congress agreed to boost the level of alternative-minimum-tax exemption retroactively for 2012 and to index future exemption levels to ...
WASHINGTON — Reps. Nita Lowey, D-N.Y., and Scott Garrett, R-N.J., have introduced legislation that would permanently exempt middle-class taxpayers from the alternative minimum tax, potentially ...
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