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Taxgirl

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Tag: alternative-minimum-tax

House Passes Senate Budget Bill: We Have A Deal!

Kelly Phillips ErbJanuary 2, 2013July 5, 2020

Well, color me surprised. The House voted on the budget after all, and they voted up or down, rather than amending the Senate bill. The

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All You Need To Know About IPOs, Going Public & Stock Options

Kelly Phillips ErbMay 14, 2012December 23, 2021

Admit it. For weeks now, you’ve been dropping the terms “IPO” and “going public” and “stock options” in water-cooler conversation and at cocktail parties and

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The Most Noteworthy Tax Changes Of 2011

Kelly Phillips ErbApril 2, 2012June 8, 2020

We’re down to the wire! Tax season is nearly over for the 2011 tax year: just 15 days remain until Tax Day (remember that you

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Taxes From A To Z: K Is For Kiddie Tax

Kelly Phillips ErbMarch 15, 2012May 18, 2020

K is for Kiddie Tax. It’s no secret that Congress is concerned about tax fraud. With loopholes and exceptions galore (all, ahem, actually created by

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7 Super Last Minute Tax Moves To Make

Kelly Phillips ErbDecember 30, 2011May 26, 2020

So here it is… After hours on Friday, December 30, 2011. You had the best of intentions to do some sort of tax savings strategy

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Hey Congress, Why Don’t You…? Fix The AMT

Kelly Phillips ErbSeptember 1, 2009May 19, 2020

Eric Satterley writes: An immediate need is to change the alternative minimum tax recapture law. On stock options you were forced to pay the alternative

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Congressional Officials Critical of Tax Breaks in Proposed Stimulus Plan

Kelly Phillips ErbJanuary 12, 2009

As blogged previously, Obama’s proposed stimulus package is meeting resistance – on both sides of the aisle. Key members of the Senate Finance Committee have

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Quick, While The Nation’s Distracted, Let’s Pretend To Fix The AMT!

Kelly Phillips ErbSeptember 24, 2008May 6, 2020

While the nation’s attention was turned to the financial bank crisis, the House passed a bill increasing the exemption level for the alternative minimum tax

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House Passes Tax Bill To Repeal AMT; White House Threatens Veto

Kelly Phillips ErbJune 26, 2008

Defying the White House, Representatives in the US House voted to prevent about 22 million taxpayers from being hit by the alternative minimum tax (AMT).

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McCain Backs Off Repeal Of AMT

Kelly Phillips ErbJune 14, 2008December 4, 2019

Senator McCain has – until now – included a promise to repeal the AMT in his economic plan. However, a few days ago, he introduced

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