Alternative Minimum Tax

Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress.

Former President Donald J. Trump, who fought for years to keep his returns private, made no charitable donations in 2020, and his own tax law may have cost him. Here’s a running list of insights.

The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets.

The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden’s climate and health bill.

Donald J. Trump paid $1.1 million in federal income taxes in his first three years as president, and paid no taxes in 2020 as his income began to dwindle.

Washington is getting extra serious and extra silly. 

How much nearly 100 items would cost, and how long they would last.

A report showing that the richest Americans, including Jeff Bezos, Elon Musk and Warren Buffett, pay almost no taxes has refocused attention on the tax code.

The corporate income tax has been gutted. Raising rates and cracking down on evasion are sensible ways to come up with trillions of dollars.

FedEx and Nike are among those found to have avoided U.S. tax liability for three straight years.