NATP warns of the AMT: The Alternative Minimum Tax could take a big bite out of taxpayers this year if they don’t plan carefully to avoid having to pay it, the National Association of Tax Professionals warned.

While the AMT originally targeted only high-income taxpayers to ensure that they paid federal income tax, it has trickled down to many middle-class taxpayers who may not realize that they could be affected.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access