Do You Want to Pay More to the IRS?
The alternative minimum tax, or AMT, is still up in the air. It's a matter congress hasn't addressed yet, and it's an important one that could save your tax dollars.
I think the info graphic below perfectly illustrates what could happen if the current legislation on the AMT is not extended:
To Summarize: Without the alternative Minimum Tax patch, middle-class taxpayers could owe a greater amount of alternative tax to the IRS. Congress needs to take action and save taxpayer's money A.S.A.P!