More and more people are going to fall into the alternative minimum tax trap unbeknownst to them until they get the nice letter from the IRS that says it appears you are subject to AMT.
More Quotes from Cindy Hockenberry:
If you know your itemized deductions will be more than the standard deduction, you can still just use the standard deduction to get an idea in your mind. This will give you the lowest estimate.Cindy Hockenberry
People often wait until the last minute to get this done and realize they can't do it this year. Another reason they should plan early is so they can notify their employees so they can start deferring their money.
Cindy Hockenberry
It's pretty common for people not to consider all the things they can deduct. They don't realize that maybe they have a vacation home and they don't take the interest because they think they can't.
Cindy Hockenberry
I'm not thinking the accelerated tax rate reductions would have a huge impact. They always like to say it's an economic stimulus package because they want to give the illusion that the economy is recovering that people will have more money. But it's only a small drop in the tax rates and I don't think in the grand scheme of things most taxpayers are really going to notice it.
Cindy Hockenberry
A lot of anxiety is created by people when they think about filing their tax return. It's like going to the dentist. Just do it and get it over with.
Cindy Hockenberry
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Based on Topics: People QuotesBased on Keywords: unbeknownst
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Evita Peron
It's not that we use technology, we live technology.
Godfrey Reggio
The enmity of such a party towards Socialism does not mean that the members are only prejudiced against it because they do not know it; it means that they are possessed of bourgeois ideas, and wish to determine their policy accordingly.
Karl Radek