The IRS Office of Chief Counsel provides guidance in Notice CC 2021-001 regarding settlement options offered by the IRS for U.S. Tax Court cases currently pending under Notice 2017-10 for syndicated conservation easement transactions. The Notice provides information about financial terms and process for settlement in an effort to promote efficient and consistent resolutions of these pending cases. The guidance suggests the terms of the settlement are more favorable than the results a partnership should expect at trial or terms available through the Independent Office of Appeals.