Colorado Open Lands (COL) announced today its merger with the Southwest Land Alliance (SLA), a land trust serving the south-central portion of Colorado and working primarily in Archuleta County for the past 40 years. SLA has conserved 44 properties on
in December, Douglas Land Conservancy (DLC) accepted conservation easement charitable donations on two separate properties in Douglas County for the permanent protection of open space and wildlife habitat. The Meyer family donated a conservation easement on 40 acres of land
Colorado Open Lands (COL) announced yesterday that the organization completed its 500th conservation project in Colorado this month. COL has now conserved more than 585,000 acres in Colorado. Congratulations to COL and to its dedicated staff, Board members and volunteers
On November 25, 2020, the Internal Revenue Service (IRS) updated its Conservation Easement Audit Technique Guide with a revision date of November 9, 2020. The Guide is a reference document for IRS staff for the examination of charitable contributions of
The Trust for Public Land (TPL) reports that 26 conservation measures supported by TPL in the 2020 election were approved by voters, amounting to nearly $3.7 billion in funding for land conservation, parks, climate resiliency and habitat. Four of these
Colorado West Land Trust has announced a merger with Black Canyon Regional Land Trust to better serve the conservation needs of western Colorado. In 2017 the two organizations consolidated operations but continued as two separate legal entities. The success of
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
The Colorado Department of Revenue, Division of Taxation is seeking public comment on amendments to three conservation easement tax credit regulations. The amendments are intended to conform the regulations to House Bill 19-1264 signed into law on June 3,
The Internal Revenue Service (IRS) announced on August 31, 2020 that Coal Property Holdings, LLC and its partners agreed to a disallowance of their $155 million charitable deduction claimed for a conservation easement donation on 3,700 acres in Tennessee (
Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.) released a report on their bipartisan investigation into syndicated conservation easement transactions (report summarized here). These abusive transactions are created by promoters who sell interests in
