The Tax Cuts and Jobs Act of 2017 (“TCJA”), the most significant revision of the U.S. income tax laws in 30 years, is now the law of the land. We’ll be rolling out plain-English summaries of the most important business tax changes and what they mean to growth companies and their advisors, including the dramatic cut to the corporate tax rate, the 20% exclusion on “qualified business income,” a radically different approach to international taxation, important changes to net operating losses, and much more. We’ll also take a step back and assess how the TCJA impacts perennial tax questions for growth companies, like choice of entity, M&A structures, and equity compensation strategies.