AMT

The Internal Revenue Service issued guidance on the corporate alternative minimum tax in response to comments it received.

Michael Saylor's Strategy will implement new accounting for crypto assets, where changes to the value of its Bitcoin holdings will go on the income statement.

The Institute is asking the Treasury and the IRS to increase the safe harbor for companies seeking to avoid determining whether the CAMT would apply to them.

The Treasury and the IRS granted a filing exception for tax-exempt organizations, saying they don't have to file Form 4626 for tax year 2023.

A useful AMT; refunds of the dead; core-satellite portfolios; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is waiving penalties to companies that fail to pay their estimated taxes for the first quarter for the corporate alternative minimum tax.

The notice contains interim guidance for insurance companies ahead of proposed regulations on the 15% minimum tax under the Inflation Reduction Act.

Coming brackets; rising expatriations; meeting behavior and aftermaths; and other highlights from our favorite tax bloggers.

The move would help offset the benefits from a proposed expansion of the federal deduction of state and local taxes.

The American Institute of CPAs’ Professional Ethics Executive Committee has decided to postpone the effective dates for three of its ethics interpretations in its Code of Professional Conduct for one year, due to the impact of the novel coronavirus pandemic.

The Internal Revenue Service issued its annual inflation adjustments for dozens of tax items and tax schedules.

Politicians in mostly Democratic high-tax areas say the new federal cap on state and local tax deductions hurts their residents, but most never got it in the first place.

A 199A formula; changes in gifting; scams and scandals; and other highlights from our favorite tax bloggers.

The new guide can help taxpayers and tax professionals in the wake of the Tax Cuts and Jobs Act.

Reform 2.0 versus reality; a child’s taxes; tailoring EITC education; and other highlights from our favorite tax bloggers.

14 steps clients and practitioners should look to improve in 2019.

The IRS estimates alternative minimum tax filings will decrease to 1 million from 10 million as a result of the law.

Taxing refunds; billions in employment tax violations; school’s in, eventually; and other highlights from our favorite tax bloggers.

Claiming a disabled spouse; IRS messaging; FASB and codification improvements; and other highlights from our favorite tax bloggers.

AMT question; voluntary use-tax; summer and taxes; and other highlights from our favorite tax bloggers.