Archive for September 29, 2010

Will Congress Miss Another Tax Deadline? AMT Patch Déjà Vu

The alternative minimum tax, America’s favorite stealth levy, threatens to hit 27 million taxpayers this year if Congress doesn’t patch it once again. Given legislators’ apparent determination to defer any action on tax issues until after the election, an AMT fix will likely come late in the year, if at all. A quick review of […]