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Articles, tagged with "income tax", page 6


27th June 2009

The Annual Alternative Minimum Tax “Patch” and “Indexing” Explained

By kinal in Taxes
The Patch Each year for the past several years Congress has "fixed" the AMT problem by enacting a temporary "patch." With the signing of the stimulus bill this past February, 24 million taxpayers who otherwise would have been in the AMT in 2009 are sp...

18th June 2009

Obama and Biden release tax returns – Vice President still stuck in the Alternative Minimum Tax

By kinal in Taxes
Shortly after April 15 President Barack Obama and Vice President Joe Biden released their 2008 income tax returns. What these tax returns showed is that the President is not paying the Alternative Minimum Tax, but that the Vice President is still stuck in...

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