It’s outrageous!
Did you know that the Alternative Minimum Tax (AMT) rules force you to pay taxes on your tax deductions!
That’s right. The AMT even makes you pay taxes on the personal exemptions the regular tax law grants you for your children!
Luckily, because you own a business, there is something you can do to protect yourself. You can use your business expenses to create tax deductions that prevent the AMT from adding extra charges to your tax bill.
Don’t miss the money-saving information that’s waiting for you when you read my new article titled Tax Tips: How the Taxman Gets You with Backdoor Taxes.
Three ways our fact-filled article can help you:
- We’ll explain how the AMT taxes you twice. The AMT eliminates or reduces the deductions that are granted by the regular tax system. Then it applies a relatively flat tax-rate to your recomputed income. You’ll get the whole story when you read the full article.
- You’ll learn how to handle your “miscellaneous itemized deductions.” The sad fact is, the AMT grants you a zero deduction for your miscellaneous itemized deductions. This means you should always avoid having your expenses land in this category. You’ll learn the smart way to play the game when you read the full article.
- We’ll tell you three ways to beat the AMT. All three proven techniques involve using corporate reimbursements or your proprietorship tax return to your advantage. Don’t miss this important information that can help you save a lot of money. Act now and read the full article.