The One Big Beautiful Bill Act will boost the number of filers who must calculate their AMT. But that doesn't mean they're ...

The alternative minimum tax (AMT) is a separate tax system that makes sure people with high incomes still pay some tax, even if they have a lot of deductions. It removes some common deductions, like ...

Stock options can be a powerful tool for wealth building, but they come with tax implications that many investors ...

WASHINGTON — Congressional members on both sides of the aisle are looking at using the alternative minimum tax debate to lead the way to a plan for tax simplification. “The AMT could be the challenge ...

The company said, “We expect a significant reduction in our U.S. federal cash tax payments for the remainder of 2025 and ...

Limiting deductions for state and local taxes could pay for reforming the alternative minimum tax, said experts at a Senate hearing today. At the Senate Finance Committee hearing on the AMT, committee ...

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 ...

As many middle- and upper-middle-class investors will find when they do their tax returns this spring, tax-exempt doesn't always mean tax-exempt when it comes to the alternative minimum tax. The ...

Savers and investors here and around the country presumably are looking forward now to a much less painful tax filing season next spring as they reap the full benefits of last month's tax-cut bill.

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a minimum level of tax, regardless of deductions and credits that might otherwise ...