Recent News Headlines : Alternative Minimum Tax

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SEE HOW THE TAX BILL AFFECTS YOUR PAYCHECK


At the same time, the bill is most likely to raise taxes on some high-income filers in states with high state and local taxes... READ MORE

22nd December, 2017 54220

FOR SOME IN MIDDLE CLASS, TRUMP PLAN WOULD MEAN TAX INCREASE


WASHINGTON -- President-elect Donald Trump's proposals would modestly cut income taxes for most middle-class Americans... READ MORE

28th November, 2016 25144

HOW DONALD TRUMP TURNED THE TAX CODE INTO A GIANT TAX SHELTER


At the broadest level, Mr. Trumps tax avoidance undermines the entire tax system, which rests on the foundation that every citizen pays a fair share... READ MORE

3rd October, 2016 17473

MNUCHIN SAYS IT'S 'VERY HARD NOT TO GIVE TAX CUTS TO THE WEALTHY'


The top 10 percent of the people pay 81 percent of the taxes, Mnuchin told Politico... READ MORE

19th October, 2017 12401

HOUSE GIVES FINAL APPROVAL TO TAX BILL, DELIVERING VICTORY TO TRUMP


President Trump celebrates with Congressional Republican on the South Lawn of the White House... READ MORE

20th December, 2017 10836

WHAT THE ELECTION MEANS FOR YOUR POCKETBOOK


According to TPC's analysis of his tax plan, on average, households would see their tax bills go down... READ MORE

8th November, 2016 8237

HOUSE GIVES FINAL APPROVAL TO TAX BILL, DELIVERING VICTORY TO TRUMP


President Trump celebrates with Congressional Republican on the South Lawn of the White House... READ MORE

20th December, 2017 7362

HUGE PHONE SCAM TARGETING AMERICANS LEADS TO 700 BEING DETAINED IN INDIA


Police say Mumbai call centre workers posed as Internal Revenue Service tax collectors to rake in tens of millions of dollars... READ MORE

7th October, 2016 6234

HOUSE APPROVES TRUMP'S MASSIVE TAX OVERHAUL, BUT LAST-MINUTE GLITCH DELAYS FINAL PASSAGE


Senate Republicans are using special budget rules to fast-track the tax bill and block a Democratic filibuster... READ MORE

20th December, 2017 6019

HOW TRUMP COULD AVOID TAXES FOR 18 YEARS


WASHINGTON -- Donald Trump may have President Reagan and Congress to thank for shielding real estate from the crackdown on tax shelters 30 years ago... READ MORE

3rd October, 2016 4480

GOP BRACES FOR 'ALL HELL' TO BREAK LOOSE WHEN TAX BILL FINALLY DROPS


The House Republicans' bill will essentially be initiating open warfare on the middle class, said Senate Minority Leader Chuck Schumer, a New York Democrat... READ MORE

1st November, 2017 4389

TRUMP'S 1995 TAX RECORDS SUGGEST NO FEDERAL TAXES FOR YEARS


Trump's 1995 tax records suggest no federal taxes for years New York Times... READ MORE

3rd October, 2016 4352

3 TAX LOOPHOLES THAT CLINTON WANTS TO SLAM SHUT


Below, we'll look at three of the biggest tax loopholes that the Clinton plan aims to close... READ MORE

13th October, 2016 4062

TRUMP PROPOSES U.S. TAX OVERHAUL, STIRS CONCERNS ON DEFICIT


The real estate mogul-turned-politician, who promised big tax cuts as a candidate, told reporters he personally would not gain financially from the proposal... READ MORE

28th September, 2017 3901

ANALYSIS: BY 2025, MOST OF DONALD TRUMP'S TAX CUTS WOULD GO TO THE WEALTHIEST 1% OF AMERICANS


Hillary Clinton and Donald Trump arrive on stage for the second presidential debate at Washington University in St. Louis, Mo... READ MORE

12th October, 2016 3885

THE INSIDE STORY OF APPLE'S $14 BILLION TAX BILL


Ireland and Apple started to make changes a few months after the Maxforce began looking into their tax relationship... READ MORE

19th December, 2016 3773

TAX-HIKE FEARS TRIGGER TALK OF EXODUS FROM MANHATTAN AND GREENWICH


When Tepper moved his firm to Florida, forecasters warned it could jeopardize New Jersey's budget because the firm generated more than 100 million in state income tax... READ MORE

27th November, 2017 3600

WEALTHY AMERICANS ARE ALREADY TRYING TO EXPLOIT THE NEW TAX LAW


Employees should also note that buried in the tax law are changes affecting commuters... READ MORE

22nd December, 2017 3508

A 'MILLIONAIRES TAX' IS NOW NEW JERSEY DEMOCRATS' TOP PRIORITY


Provide about 40 percent of the state's income-tax revenue, according to the New Jersey taxation division... READ MORE

9th November, 2017 3409

CHUCK SCHUMER: DONALD TRUMP'S TAX REFORM IS NOTHING LIKE REAGAN'S


More President Trump With tax reform we can make it morning in America again More Our View Tax reform or tax con?... READ MORE

28th October, 2017 3358

GOP PLAN HAS LARGE TAX BREAKS FOR THE HIGHEST EARNERS


The framework calls for capping the tax rate on such pass-through businesses at 25 percent... READ MORE

28th September, 2017 2912

FOSSIL-FUEL FRIENDLY TAX PLAN SPARES OIL, NOT SOLAR OR TESLA


Those held through corporate entities would see a big benefit from the 20 percent corporate tax rate, he said... READ MORE

2nd November, 2017 2628

ANALYSIS | TRUMP'S TAX PROPOSAL: WHAT IT MEANS FOR THE RICH, FOR THE WORLD AND FOR YOU


Trump is proposing plenty of reduced rates, bringing them down to 35 percent for rich individual taxpayers and 15 percent for corporations and businesses... READ MORE

26th April, 2017 2594

DONALD TRUMP A 'GENIUS' IF HE PAID NO TAXES


Donald Trump a 'genius' if he paid no taxes advisers... READ MORE

3rd October, 2016 2492

25 MILLION AMERICANS COULD FIND MORTGAGE TAX BREAK USELESS UNDER TRUMP'S PLAN


U.S. Treasury Secretary Steven Mnuchin has taken pains to stress that the Trump administration isn't out to kill Americans' beloved mortgage-interest tax deduction... READ MORE

16th May, 2017 2174

ARE YOU MIDDLE CLASS ENOUGH TO GET A TAX CUT FROM PRESIDENT TRUMP'S PLAN?


Are you middle class enough to get the tax breaks President Trump and House Speaker Paul Ryan are promising?... READ MORE

2nd November, 2017 2048

INSIDE WALL STREET'S TOWERS, TRADERS GROUSE OVER TRUMP TAX PLAN


But, along with losing key deductions, they're explicitly barred from a new 20 percent tax deduction aimed at business owners... READ MORE

20th December, 2017 2009

MORE AMERICANS THINK WEALTHY, NOT MIDDLE CLASS, WILL BENEFIT FROM TAX REFORM


But among Democrats, 46 percent think that wealthy will benefit most, with only 7 percent thinking all Americans will benefit and 17 percent who think corporations will benefit... READ MORE

10th November, 2017 1974

GOP DELIVERS SWEEPING PLAN FOR VOTE NEXT WEEK


Senator Marco Rubio of Florida on Thursday threatened to vote against the bill unless negotiators boost the child tax credit... READ MORE

16th December, 2017 1960

HOW REPUBLICANS PLAN TO SPEND LIKE CRAZY WITHOUT RUNNING UP DEBT


A multiplier is the expected extra effect of a fiscal policy Spend 1, and you might get 1.60 of economic growth... READ MORE

19th November, 2016 1889


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