Thanks for the article. A good read.
“Income-reducing tactics include maxing out your available retirement-plan contributions, using capital losses to offset current income, and stashing income-producing investments in your tax-sheltered accounts. All of these strategies make sense regardless of your tax predicament, but they’re particularly relevant if the AMT is looming over your tax return.”
Bears repeating. I’ve followed this ‘strategery’ (LOL!) for years and it really makes a difference. Oh, and those Bush Tax cuts have been nice. Of course, those will be going away under an Obama presidency, so get out and VOTE!
Screw ‘em! Hold on to YOUR income.