In a letter to lawmakers, IRS Commissioner Douglas Shulman reiterated that a delay in the patch for the alternative minimum tax would affect the entire filing seasons and tens of millions of taxpayers.
See "IRS Chief Urges Congress to Act on Tax Breaks, AMT Patch," found at http://www.usatoday.com/money/perfi/taxes/2010-12-01-irs-warning-unresolved-tax-policy_N.htm?csp=usat.me.
Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.
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