On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, finalizing the budget reconciliation process for fiscal year 2025. While the bill is intended to stimulate ...

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...

The alternative minimum tax (AMT) will have a little more bite once the tax bill passed by Congress is signed into law by President Donald Trump. Provisions to sharply limit the AMT’s impact—enacted ...

The AMT system is meant to ensure certain high-income taxpayers pay at least a minimum amount of income tax. Many, or all, of the products featured on this page are from our advertising partners who ...