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Loopholes

Adjusted Gross Income – Key to Tax Planning and Tax Tips

On September 6, 2012   /   Loopholes, Tax Planning, Taxes   /   Leave a comment

Adjusted gross income or “AGI” is the most important concept you need to understand in order to control your tax bill. Most people haven’t really ever heard the term “adjusted gross income,” and their CPA has never sat them down to explain it. Adjusted gross income is

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Alternative Minimum Tax and Tax Tips That Help

On August 31, 2012   /   Loopholes, Tax Increases, Tax Planning, Tax Rates   /   Leave a comment

Alternative Minimum Tax Returns The alternative minimum tax (AMT) is coming back with a vengeance in 2012. In 2011, a couple filing jointly didn’t have to worry about the alternative minimum tax until they hit an adjusted gross income of over $74,000 In 2012, the alternative minimum

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