What is Tax Liability? Understanding Your Financial Obligations

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial ...
Nasdaq

How to Calculate the Alternative Minimum Tax (AMT)

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their regular income tax liability. To calculate AMT, taxable income is adjusted by ...
Think Advisor

800 / How was a corporation’s alternative minimum tax calculated prior to repeal by the 2017 tax reform?

Editor’s Note: The 2017 tax reform legislation repealed the corporate alternative minimum tax (AMT) for tax years beginning in 2018 and thereafter. The 2020 CARES Act further modified the rules ...
Accounting Today

Thomson Reuters releases tax tool for Superfund sites

Thomson Reuters announced the release of a new tax tool meant specifically for calculating tax liabilities connected with Superfund sites. Superfund sites are essentially areas deemed by the ...