The foreign tax credit can help mitigate the impact of the alternative minimum tax (AMT) for taxpayers with income taxed abroad. While the AMT limits certain deductions and credits, it does allow a ...

Here is one of those questions: On this K-2 and K-2 reporting requirement, if you know all your owners will be under the $300/$600 amounts and you can elect not to file Form 1116, does this get ...