Day: September 12, 2023

Many people have heard, read, spoken, written, or signed documents with the phrase “intellectual property”. But do they always know what intellectual property, or IP, entails? When beginning with a new employer, there is often a confidentiality clause or document that includes an IP reference, usually to the effect that […]

In our last article we talked about the alternative minimum tax item, resulting from depreciation of business or rental property. A direct corollary of that issue is the AMT item that results from any subsequent sale or other disposition of such property. Critical to minimizing a taxpayer’s AMT is an […]