Something for (almost) Everyone: Tax Items in the Year-End Deal

Congress ended the year with a bang—a 5,500+ page bill that, just in time for the holidays, seemed to contain a little something for everyone. And tax was at the center, with COVID tax relief, expiring tax provisions, and new tax policies all finding their way into the package. But the bill’s magnitude raises an interesting question   . . . does the 2020 extravaganza let some of the air out of the 2021 tax balloon? Carol Kulish, Jennifer Gray, and John Gimigliano discuss how the year-end bill came together, who won, who didn’t win, and what comes next.  

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