Alternative Minimum Tax: What’s It Like Today?

There are only two brackets for 2018.

By Barry J. Friedman, CPA

The Tax Cuts and Jobs Act made many changes to the individual tax law, including the alternative minimum tax.

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One of the goals of the new tax law was to reduce the impact of the AMT or even to repeal it entirely. A modification was made – let’s see what it could mean to your clients.