by Anthony Imbimbo | Jan 6, 2015 | Individual Income Tax
IRS Tax Tip 2014-10, February 10, 2014 Have you ever wondered if the Alternative Minimum Tax applies to you? You may have to pay this tax if your income is above a certain amount. The AMT attempts to ensure that some individuals who claim certain tax benefits pay a...
by Anthony Imbimbo | Jan 6, 2015 | Individual Income Tax
The Patient Protection and Affordable Care Act health insurance mandate goes into effect Starting in 2014, you must carry a minimum level of health insurance for yourself, your spouse, and your dependents, or possibly pay a fine. If you have adequate health insurance...
by Anthony Imbimbo | Oct 3, 2011 | Individual Income Tax
What words come to your mind when you think of the IRS? Perhaps strict, unsympathetic, uncompromising, or merciless? That is actually just fine with them. The IRS prides themselves on such a self-image, because somehow it gets them what they want. The combination of...
