Topic
Conservation Easements
399 published works
Nonprofit Law Prof Blog
Donald Trump and Conservation Easements
Conservation easements have been having a day lately. As Lloyd pointed out a couple weeks ago, both the IRS and Congress are aggressively looking at conservation easements. And a week…
International Financial Law Prof Blog
IRS offers blanket settlement for syndicated conservation easement transactions: Pay 10% penalty but deduct costs of transaction
The Internal Revenue Service this week released Notice 2021-001, containing information on Chief Counsel's settlement initiative for certain pending Tax Court cases involving abusive syndicated conservation easement transactions. Prior coverage of…
Rocky Mountain Conservation Easement Law
Colorado Department of Revenue Proposes Revisions to Conservation Easement Tax Credit Regulations
By Melinda Beck
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…
Nonprofit Law Prof Blog
Congress Update: Syndicated Conservation Easements, NRA, and Proposed Expansions of Above-the-Line Donation Deduction
While Congress is not surprisingly slow to enact actual legislation during the run up to the 2020 general election, it has taken several other actions of interest to nonprofits:More Slamming…
Rocky Mountain Conservation Easement Law
IRS Finalizes Settlement of Syndicated Conservation Easement Transactions Under Initiative to Resolve Pending Cases
By Melinda Beck
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…
Rocky Mountain Conservation Easement Law
Senate Report on Syndicated Conservation Easement Transactions
By Melinda Beck
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…
Rocky Mountain Conservation Easement Law
Charitable Deductions Denied on Four Conservation Easement Donations
By Melinda Beck
On July 9, 2020, the U.S. Tax Court granted partial summary judgment in favor of the Internal Revenue Service (IRS) in four separate cases brought against taxpayers for charitable contributions…
Wills, Trusts & Estates Prof Blog
How Conservation Easement Tax Shelters Became An Issue In A Current Georgia Congressional Race
"The controversy over syndicated conservation easements tax shelters has raised its ugly head in the Congressional race in the 14th District in Georgia."It is likely that representation of the district…
Wills, Trusts & Estates Prof Blog
Trying Times: Conservation Easements and Federal Tax Law 2020
Trying Times: Conservation Easements and Federal Tax Law 2020Online Program – Friday, July 17, 202011:00am-2:10pm EST/10:00am-1:10pm CST/9:00am-12:10pm MST/8am-11:10pm PSTThis three-hour program will address the latest case law and IRS guidance…
Agricultural Law and Taxation Blog
More Developments Concerning Conservation Easements
OverviewThe U.S. Tax Court continues to issue decisions involving conservation easements. The IRS has many of these cases in the pipeline which means that the decisions will keep on coming. …