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Effective Tactics to Lower Your AMT Liability Under the TCJA
ARTICLE | August 30, 2024
Authored by Vasquez + Company
Despite the Tax Cuts and Jobs Act (TCJA) making the alternative minimum tax (AMT) rules more favorable through 2025, the AMT remains a concern for high-income taxpayers. This article explains the basics of AMT, identifies risk factors, and offers strategies to minimize AMT liability. Learn how to manage factors such as in-the-money incentive stock options and interest from private activity bonds, and discover planning techniques to reduce your AMT exposure.
Read the full article here.
Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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