Tag Archives: alternative minimum tax

Posted 4 years ago in Editors Picks Taxation by Michele Bowman  
Surprise! Your 2012 Taxes Are Higher Than You Thought

After the close of another year, income taxes of course come to mind. While it’s clear we have to pay tax on our income, there are plenty of provisions in the tax code that require federal taxes to be paid on things you may not normally think of. As you’re gathering your forms and preparing to submit your returns, consider the following checklist of surprises, groaners, and ironies.   Unemployment Benefits It’s ironic but true – you have to pay …

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