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 […]
Day: September 12, 2023
AMT & Disposition of Business Or Rental Property
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 […]