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OBBBA changes to the alternative minimum tax (AMT)

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 ...
JD Supra

Alternative Minimum Tax › Internal Revenue Code (IRC) › Income Taxes

The Alternative Minimum Tax is an aspect of the United States federal tax code that seeks to capture a minimum level of revenue from all taxpayers and to ensure that ...
GOBankingRates on MSN

Alternative Minimum Tax: How It Works

America’s income tax policy uses a graduated system designed to ensure that high earners pay a larger percentage of their ...
American Farm Bureau Federation

2025 Tax Cliff: Individual Income Provisions

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...
The Hill

Democrats accuse Treasury of creating new business tax loopholes

Democrats in the House and Senate say that new Treasury regulations will allow large corporations to avoid paying the corporate alternative minimum tax (CAMT). The CAMT is a sweeping tax rule that ...
The New York Times

New Corporate Minimum Tax Ushers In Confusion and a Lobbying Blitz

Large companies are bracing for the impact of a 15 percent tax that went into effect this year. By Alan Rappeport Alan Rappeport covers the Treasury Department and writes about tax policy. At his ...