Hi piggs, this is a financially savvy lot, so I thought I’d throw out this question for some sage advice in a “what would you do” category. Suppose you’re expecting an income of $1 million, and you had the choice between taking the entire $1 million in a single year, or taking $333,333 over three years. I am not familiar with the intricacies of AMT, but does one method yield better tax savings than the other? Thanks
Rudimentary thought with no real numbers to back it up – One might assume, given the state of the economy and the direction of government, that taxes are only going up from here for the near term. Since your tax bracket stinks either way, you might consider accelerating the income to sooner rather than later, thinking that you’ll likely get hit harder in years to come than you will now.
Rudimentary thought with no real numbers to back it up – One might assume, given the state of the economy and the direction of government, that taxes are only going up from here for the near term. Since your tax bracket stinks either way, you might consider accelerating the income to sooner rather than later, thinking that you’ll likely get hit harder in years to come than you will now.
Rudimentary thought with no real numbers to back it up – One might assume, given the state of the economy and the direction of government, that taxes are only going up from here for the near term. Since your tax bracket stinks either way, you might consider accelerating the income to sooner rather than later, thinking that you’ll likely get hit harder in years to come than you will now.
Rudimentary thought with no real numbers to back it up – One might assume, given the state of the economy and the direction of government, that taxes are only going up from here for the near term. Since your tax bracket stinks either way, you might consider accelerating the income to sooner rather than later, thinking that you’ll likely get hit harder in years to come than you will now.
Rudimentary thought with no real numbers to back it up – One might assume, given the state of the economy and the direction of government, that taxes are only going up from here for the near term. Since your tax bracket stinks either way, you might consider accelerating the income to sooner rather than later, thinking that you’ll likely get hit harder in years to come than you will now.
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