Alternative Minimum Tax

Over the ensuing years, the popular and practical definitions of wealthy adjusted for inflation, but the IRS code did not. And even though Congress has approved inflation-adjusted patches for many years, the current exemptions stand at just $58,000 for married couples filing jointly and $40,250 for single filers. The 2007 patch increased the levels effective to $66,250 for married couples and $44,350 for singles, and allows nonrefundable personal credits to be used to offset income when calculating AMT.

Street Smarts By Linda Raschke: An Excellent Book On Swing Trading

I read the book and basically confirmed some of the patterns that I’ve been trading for years. Everyone has it’s own name for the setups, but regardless of the name, the patterns describe in the book, do work! Everyone has their own twist to these patterns. I notice one reviewer had mentioned that he profited [...]

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