BBA partnership audits have begun and with them will come adjustments. This program will provide an in-depth, practical guide to navigating the confusing world of partnership adjustments. This program will not only cover the new terminology that every practitioner should know. Still, it will provide a roadmap to the critical procedural steps after the IRS has issued a notice of proposed adjustments. In addition, this program will provide real-world examples of the strategic considerations that come with the choices every partnership will have to make once a notice of proposed adjustments is made, including should the partnership pay the tax or push out the adjustment to the partners, what impact does a change in ownership play in who pays the tax, and what can be done to reduce the amount of the imputed underpayment if I have partners that are taxed at less than the maximum rate?