IRS To Offer "AMT Assistant"
by Guest Blogger, 1/5/2006
The IRS has unveiled a new online tool to help taxpayers determine whether or not they are subject to the alternative minimum tax (AMT). The "AMT Assistant," which is one of a series of steps by the IRS to reduce taxpayer burden, will allow taxpayers to enter their information and get an answer in 5 to 10 minutes. It will be available during the 2006 filing season at www.irs.gov.