Many trusts may need to amend 2024, 2025 tax returns Under the new rules for alternative minimum tax (AMT), a reduced ...

The Canada Revenue Agency (CRA) isn’t applying automatic interest relief when trusts or individual taxpayers amend their tax ...

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 One Big Beautiful Bill Act (OBBBA) ensures the permanence of higher exemption amounts and phase-out thresholds for the Alternative Minimum Tax (AMT), initially set by the 2017 Tax Cuts and Jobs ...

The alternative minimum tax (AMT) will have a little more bite once the tax bill passed by Congress is signed into law by President Donald Trump. Provisions to sharply limit the AMT’s impact—enacted ...

Interim guidance issued Tuesday by the IRS on the Sec. 55 corporate alternative minimum tax (AMT) contains several changes for which the AICPA advocated. One such change in Notice 2025-28 is the ...

The investment seeks to earn the highest level of current income, exempt from federal income tax, which is available without assuming what the Adviser considers to be undue risk to principal or income ...

For many investors, the phrase "alternative minimum tax" tends to raise eyebrows or trigger confusion, if not concern. However, within the municipal bond market, AMT-designated bonds are quietly ...

The investment seeks current income exempt from federal income tax and Wisconsin individual income tax. The fund invests at least 80% of the fund's net assets in municipal securities whose interest is ...