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Why the AMT Could Come Roaring Back
News January 07, 2025 at 04:48 PM
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What You Need To Know
- If Congress fails to extend the Trump tax cuts, over 7 million taxpayers will soon be subject to the Alternative Minimum Tax.
- Many more families and small business would have to do their taxes twice, a GOP congressman warns.
- Tax filing complexity will increase if the 2017 changes expire, says Jeff Bush.
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