Georgia AMT Taxpayers Take Notice – The Rural Hospital Tax Credit

Note that an updated explanation of the tax impact under the 2017 Tax Cuts and Jobs Act exists here. We wrote this article in 2015 about a simple tax credit (the QEE Tax Credit) that provided an opportunity for taxpayers in Georgia who face alternative minimum tax (AMT) to reduce their tax liability by $700.  The [...]

Children as Dependents and College Tax Planning Strategies

Most questions in life that begin “Can I…” ideally ought to be prefaced with the question of “Should I…”  The distinction is important.  “Can I” implies that the item in question is a good idea in the first place.  Often, it is not. When it comes to taxes, many people want to know if they [...]