At a tax conference yesterday, a Treasury official indicated that Treasury is working hard to finalize regulations before the 60-day freeze that occurs before the inauguration of a new president (Treasury will not issue final regulations during this period).  The official was hoping that the regulations dealing with the new partnership audit rules  (which go into effect for tax years beginning in 2018) could be finalized before this  freeze period.  This may be overly optimistic, as the regulations will undoubtedly be the subject of substantial public comments.