Question:
Determine the effectiveness of the intended results of the enactment of the AMT and give an assessment of its successes and / or failures.
Prepare an argument for using the AMT to a taxpayer's advantage over a non-AMT environment. Support your argument with examples.
Suggest changes to the AMT that would be most beneficial to the most taxpayers. Describe how your proposed changes would be beneficial.
Suggest an alternative to the AMT that would achieve the same intended results, and predict how the alternative tax you proposed would impact taxpayers in the middle and higher income levels.
The specific course learning outcomes associated with this assignment are:
Show knowledge of the concepts, rules, and methodologies' application to federal taxation and the ability to apply them to individuals.
Show knowledge of the concepts, rules, and methodologies' application to federal taxation and the ability to apply them to corporations.
Analyze tax research processes and practice, and other tax issues.
Use technology and information resources to research issues in business tax and law.
Write down clearly and concisely about business law and tax using proper writing mechanics