Senate Republicans included a tax break estimated to be worth more than $1 billion for oil and gas producers in their version ...

2025 Alternative Minimum Tax (AMT) Exemption Thresholds If AMTI reaches the complete phaseout level, the exemption is eliminated entirely, meaning all AMTI is taxable under AMT rules. 3. Calculate ...

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out over $500,000.

I joined with more than 300 economists from universities, think tanks, and businesses across the country to convey a message ...

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 ...

Senate Republicans included a tax break estimated to be worth more than $1 billion for oil and gas producers in their version ...

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 ...