Besides a reduction of the estate tax exemption and reduction of the gifting exemption, it will eliminate many planning techniques and structures.
On March 17, the IRS announced a one-month extension of the 2020 individual income tax filing deadline from April 15, 2021 until May 17, 2021.
If you sold or traded digital currency last year, you're probably sitting on big gains, and those will come with hefty tax bills.
Regardless of your view, taxes will most likely rise in the not-too-distant future.