Alternative Minimum Tax

Assume for a moment that you own a tax practice and the majority owner of Hastings Printing, Corporation (your client), informs you that she has recently heard about the alternative minimum tax (AMT) and wants you to be sure to check if that tax can save the owner of the company money on her personal tax return. Respond to that statement and discuss your thoughts on the reasons for, and the appropriateness of, this AMT.

Provide specific details to support your opinions in your response.

Please review the Discussion Board Participation grading rubric under Course Resources. This is important information that will ensure that you earn maximum points.

Your postings should be qualitative and provide substantive depth that advances the Discussion.