Wednesday, October 31, 2007

Tax News

This is a positive development!  The AMT was poised to nail a bunch of additional taxpayers.


Tax Writers Tell IRS to Count on Enactment of AMT ‘Patch’



Congressional tax writers from both parties and both chambers have told the Internal Revenue Service – and about 20 million taxpayers – not to worry about any new hit from the alternative minimum tax this year [...]



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