Date: August 29th , 2025

Time: 1pmET | 12pm CT | 11am MT | 10am PT

Duration: 90 minutes

Description:

The Alternative Minimum Tax (AMT) remains a complex area that continues to challenge both taxpayers and tax professionals. Designed to ensure a minimum level of tax payment regardless of deductions and credits, the AMT can sometimes result in taxpayers facing a higher liability than their regular tax.

With evolving tax legislation, including significant changes introduced by the One Big Balanced Benefits Act (OBBB) for tax years starting in 2026, it is essential for tax advisors to understand the nuances of AMT calculations, tax preference items, and new corporate AMT rules.

This continuing education course offers a thorough examination of AMT principles and provides practical insights into navigating these rules effectively. You will learn how to accurately compute AMT liabilities, interpret new regulations, and understand how recent legislative changes may increase taxpayer exposure to AMT. The course also discusses the Taxpayer Advocate Service’s position on AMT repeal and what the OBBB amendments mean for individuals and businesses.

Topics Covered:

• Overview of AMT rules and history
• New corporate AMT regulations under current law
• Explanation of tax preference items and adjustments
• Step-by-step AMT calculation methods for 2025 and 2026
• Detailed discussion of OBBB changes impacting AMT

Learning Objectives

• Explain the AMT changes introduced by the OBBB legislation.
• Evaluate the potential impact of OBBB-related AMT changes on taxpayers.
• Recognize common tax preference items that influence AMT liability.
• Review updates to Form 6251 and related adjustment procedures.
• Compare and contrast regular tax calculations with alternative minimum tax computations.

Credits and Other information:

• Recommended CPE credit – 1.5
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Update
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 90 minutes

Who Will Benefit:

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

Tony Curatola, PhD, MBA

Joseph F. Ford Professor of Accounting & Tax, Drexel University Dr. Tony Curatola holds the prestigious Joseph F. Ford Professorship in Accounting at Drexel University, Philadelphia. Recognized as one of the Top Educators of 2024, he has made significant contributions to tax education and research throughout his career.

From 1992 to 2024, Dr. Curatola served as the Tax Column Editor for Strategic Finance. He has also been the editor of the Journal of Legal Tax Research and currently serves on editorial review boards for multiple academic journals. His leadership roles include active global service with the Institute of Management Accountants.