Corporate Alternative Minimum Tax
by Staff Writer
The alternative minimum tax was set up by the Internal Revenue Service to ensure that corporations pay their dues to the government. The AMT does not apply to all corporations–in many cases, the standard tax will apply. However, considering that you have to pay the higher of the two tax calculations, it behooves you to understand the nuances and intricacies of the tax laws which apply to your particular corporation.
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As a savvy and ethical corporate financial manager, you are well aware of the accounting problems which have run several big name Fortune 500 companies into the ground. You thus want to do everything you can to stay within the bounds of the law while at the same time extracting maximum deductions on your return. Let attorney Drew Miles key you in to amazing asset protection mechanisms–over 300 in total–that you can use time and again, regardless of past records or the size of your accumulated assets.
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