What Information is Contained in The Alternative Minimum Tax Explained ?
The Alternative Minimum Tax Explained contains a wealth of useful AMT tax planning info. Subjects covered include: • The Alternative Minimum Tax explained in jargon free language. • A plain-English guide to calculating your own AMT tax bill. • Lots of real-life examples and tax planning tips. • How to reduce the impact of AMT by accelerating income and deferring deductions. • Standard versus Itemized Deductions when it comes to reducing the effect of AMT. • AMT planning info for real estate investors and second home owners. • How AMT affects employees with incentive stock options. • How to minimize the impact of AMT on your your home equity loan deduction. • How AMT affects business owners, including partnerships and S corps. • How AMT affects your medical expenses tax deduction. • How to benefit from the Minimum Tax Credit and reduce your income tax in later years. • Plus lots more.