Quotations

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Martin Nissenbaum Quotes

«People don't realize that if they win they can actually take a deduction for expenses they incurred or if they had losses.»
«It's always a better idea to fess up with the IRS,»
«People don't expect it, ... The presumption is that when you pay taxes that are deductible you won't have to pay tax again. Just having a lot of kids can put you into the AMT.»
«They'll be able to figure it out and they'll send you a bill, plus interest and potentially a penalty, ... You can't avoid AMT by saying you won't fill out the form.»
«States with no income tax complained that their taxpayers were at a disadvantage, so now everyone has the choice of deducting sales or income tax,»
«It's always a better idea to fess up with the IRS.»
«People don't expect it. The presumption is that when you pay taxes that are deductible you won't have to pay tax again. Just having a lot of kids can put you into the AMT.»
«They'll be able to figure it out and they'll send you a bill, plus interest and potentially a penalty. You can't avoid AMT by saying you won't fill out the form.»
«States with no income tax complained that their taxpayers were at a disadvantage, so now everyone has the choice of deducting sales or income tax.»
«The AMT assistant is a bit limited. They give you a list of things where you're not eligible to use the calculator.»

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