Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
How alternative minimum tax can cost your clients thousands Clients are likely to face thousands of dollars more in taxes once they are subject to alternative minimum tax, according to Motley Fool. The AMT is a separate tax system designed to make the wealthiest taxpayers pay their fair share of taxes on their investments. However, even many middle-class households are now placed under the AMT, so it is important that investors know the rules to avoid the AMT and prevent an increase in their tax bill.
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