Alexandra Minkovich

Jan 30, 2025 | news.bloombergtax.com | Alexandra Minkovich

As the Biden administration drew to a close, Treasury worked through its regulatory to-do list. A big item on that list was the proposed corporate alternative minimum tax (“CAMT”) regulations (REG–112129–23), released in mid-September. Now that the dust has settled on the 2024 elections and Republicans have taken control of the House, Senate, and White House, many taxpayers may understandably wonder about the fate of the proposed CAMT regulations, as well as CAMT itself.

Sep 16, 2024 | lexology.com | Alexandra Minkovich |Reza Nader |Erik J. Christenson

In briefOn 12 September 2024, Treasury and the IRS released proposed regulations (“Proposed Regulations”) on the corporate alternative minimum tax (CAMT). The lengthy regulations, which exceed 600 pages, follow a series of Notices that served as interim guidance for the minimum tax that went into effect for tax years beginning after 31 December 2022.

Sep 21, 2023 | lexology.com | Thomas May |Daniel Stern |Alexandra Minkovich |Reza Nader |Brooke Radford |Dominick L. Schirripa | +1 more

On September 12, 2023, the Treasury Department ("Treasury") and the Internal Revenue Service (IRS) released Notice 2023-64 ("Notice"), which provides additional interim guidance on the Corporate Alternative Minimum Tax (CAMT).

Jul 24, 2023 | lexology.com | Alexandra Minkovich

In briefThe Taxpayer Advocate Service (TAS) is an independent organization within the IRS that protects taxpayer rights and recommends changes to the IRS. Each year, the National Taxpayer Advocate (NTA) submits an Objectives Report to Congress that outlines TAS' objectives for the upcoming fiscal year. The current NTA, Erin M. Collins, issued her Objectives Report to Congress for Fiscal Year 2024 on 21 June 2023.

Jun 27, 2023 | lexology.com | Alexandra Minkovich

In briefEarlier this month, Chairman Smith of the Ways & Means Committee introduced three bills that lay out House Republicans' tax legislative priorities. The key question when analyzing the likelihood of enactment is whether there is a legislative vehicle to which these bills (or specific provisions in these bills) can be attached. There are three "must-pass" bills this year: a government funding bill, the FAA reauthorization bill, and the farm bill.