The Bipartisan Budget Act (“BBA”) was signed into law on November 2, 2015, replacing the partnership audit procedures for partnerships under the Tax Equity and Fiscal Responsibility Act of 1982 (“TEFRA”) for tax years generally beginning in 2018.  BBA represents a major change in the way adjustments are made to partnerships and how partnerships make changes to their prior year returns.  Although the BBA is now over 10 years old, it is still relatively new when it comes to audits, cases, and overall procedures. BBA audits have been on the rise with revenue agents and tax professionals working together to navigate filing and notice requirements, imputed underpayment computations and adjustments, push out elections, and litigation of BBA matters in court.  This course will provide an overview of the complex rules contained in the centralized partnership audit regime and provide practitioners with the information they need to know to accurately spot issues and advise their clients for both filing and in the event of a BBA audit.