This article reviews and analyzes recent law changes as well as rulings and decisions involving partnerships. The discussion covers developments in the determination of partners and partnerships, gain on disposal of partnership interests, partnership audits, and basis adjustments. During the period of this update (Nov. 1, 2017, through Oct. 31, 2018), Congress enacted the law known as the Tax Cuts and Jobs Act (TCJA), which made several changes that affect partners and partnerships, and the U.S. Treasury Department and the U.S. Internal Revenue Service (IRS) worked to provide guidance for taxpayers on numerous changes that had been made to Subchapter K over the past few years. The courts and the IRS issued various rulings that addressed partnership operations and allocations. Read more at The Tax Adviser.