Word: 1120x
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...thousands of them, confused by the law, have continued to pay. At the insistence of Senators Christopher Bond of Missouri and Olympia Snowe of Maine, the IRS is alerting businesses by mail. Those who have paid the AMT in error will have to file an amended return, Form 1120X, to get a refund. "These businesses will now have to spend even more money on tax accountants and attorneys instead of on new equipment or job creation," says Jonathan Collegio, spokesman for the Washington-based advocacy group Americans for Tax Reform...
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