Vance in InvestmentNews: The AMT Is No Longer a Problem for Many Clients
With income thresholds higher and a lower SALT deduction after tax reform, the alternative minimum tax will realistically only apply to wealthy Americans with out-of-the-ordinary tax events.
That’s the sub heading of the InvestmentNews article. An excerpt:
"One of the primary pain points among middle- and upper-middle-class taxpayers was the AMT," said Vance Barse, adviser at Manning Wealth Management. "It's back to being a tax on truly high-income earners."
See The AMT Is No Longer a Problem for Many Clients in InvestmentNews.