• 479.478.9166

1611 S. Greenwood Avenue, Fort Smith, AR 72901

The new tax law keeps the individual alternative minimum tax with higher exemptions:  $109,400 for joint filers and $70,300 for singles and heads of household.  Additionally, the exemption phaseout zones start at much higher income levels; above $1 million for couples and $500,000 for singles and heads of household.