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Will things likely change in 2021? How quickly can a new administration change tax rules, and is that likely to happen in 2021.

As AJ pointed out, a new administration--the Trump one--got enacted a major tax law rewrite pretty quickly as such things go.

Whether the same level of rewrite--or any adjustment at all--can be done as quickly in 2021 will depend on which side wins the current election and how sharply it wins.

Eric Hines
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