Corporate Alternative Minimum Tax (CAMT): Proposals from the IRS

September 2024 For more than two years, business owners have been awaiting additional regulations and guidance on the Corporate Alternative Minimum Tax (CAMT) in the United States. Finally, in September of 2024, these regulations have been issued under Code Sec. 55.  With these proposed changes in place, business owners are strongly encouraged to review the proposals and understand what they could mean for their own business finances. This should include an in-depth understanding of what CAMT entails, as well as the potential implications of these changes for businesses and important steps to take next. View the full article here.