Marc Gerson, former majority tax counsel to the U.S. House of Representatives Committee on Ways and Means, discussed how the economic fallout from the ongoing coronavirus pandemic will shape the world of taxes at the federal level in the coming year. Gerson said there is bipartisan and bicameral agreement that there needs to be more legislation and more relief provided to address the coronavirus crisis. The coronavirus relief and economic stimulus will dominate the legislative and, therefore, the regulatory agenda from a tax perspective in 2021.