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May 20, 2009 • 3:12 pm 0

The Current Future of AMT

Via Investment News

The most current AMT patch exempts 26 million people from Alternative Minimum Tax, but is set to expire after 2009. So, as always, the future of the alternative minimum tax remains uncertain, Joseph W. Walloch writes in an InvestmentNews commentary.  It is unclear what Congress will do for 2010 and beyond. Congress is not expected to repeal the AMT altogether.

Filed under: AMT, Tax, Tax Legislation

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Hi. My name is Paul Nienow, and I am a CPA living and practicing in Southern California. CPA 411 is a place where I share news and information that peaks my interest, and may (or may not) be of interest to other CPA's, business people and entrepreneurs.


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