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 ...

axpayers pay an additional tax when their alternative minimum tax (AMT) liability exceeds their regular tax liability. In some cases, regular tax deductions and exclusions of income are not allowed ...

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, finalizing the budget reconciliation process for fiscal year 2025. While the bill is intended to stimulate ...

The tricky alternative minimum tax is coming back into play for many clients and their financial advisors under the One Big Beautiful Bill Act. Processing Content But understanding the AMT's history ...

The alternative minimum tax was designed to make sure taxpayers who took advantage of loopholes and shelters paid at least some federal income tax. As regular tax rates decline, more and more ...

The Alternative Minimum Tax (AMT) is a parallel tax system designed to ensure that high-income individuals pay a fair share of taxes. Originally created in 1969, it aimed to prevent the wealthy from ...

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 ...