Tax

As Benjamin Franklin famously noted, death and taxes are the only certainties in this world, affecting everyone and everything. It’s as true now as it was in 1789, which is what makes Congress’ tax reform, known as the Tax Cuts and Jobs Act (TCJA), a monumental piece of legislation. The new law is the largest overhaul of the U.S. tax code in more than a generation, and its effects are reverberating throughout the economy and will continue to do so for years to come. ... Kramer Levin’s Tax group has been working with our clients across the entire spectrum of our practice groups in analyzing the impact of tax reform on their businesses and on material transactions.