Topic
Conservation Easements
399 published works
Nonprofit Law Prof Blog
Ongoing Congressional Scrutiny of Syndicated Conservation Easements
In a follow-up to a March blog entry regarding Congressional scrutiny of syndicated conservation easements, Senate Finance Committee Chairman Chuck Grassley and Ranking Member Ron Wyden announced in mid-September that…
Nonprofit Law Prof Blog
Congressional and Academic Scrutiny of Conservation Easements Continues
We have previously blogged about congressional, DOJ, and IRS scrutiny of conservation easement donations, as well as academic coverage of this topic led by our contributing editor, Nancy A. McLaughlin…
Agricultural Law and Taxation Blog
Tax-Deferred Exchanges and Conservation Easements
OverviewThe Tax Cuts and Jobs Act of 2017 (TCJA) changed the landscape of tax-deferred exchanges under I.R.C. §1031. Personal property trades are no longer eligible for tax-deferred treatment. But, the…
Wills, Trusts & Estates Prof Blog
Perpetual Conservation Easements
Victoria Wolfe has recently published her Note entitled BC Ranch II v. Commissioner: a flexible approach to perpetual conservation easements, 94 Ind. L.J. 331 (2019). Here is her summary of…
Wills, Trusts & Estates Prof Blog
ABA RPTE Conservation Easement Task Force Report: Recommendations Regarding Conseration Easements and Federal Tax Law
The ABA Conservation Easement Task Force published this Report, entitled, ABA RPTE Conservation Easement Task Force Report: Recommendations Regarding Conseration Easements and Federal Tax Law, Real Property, Trust and Estate…
Nonprofit Law Prof Blog
Charitable Contribution Cases: An Alleged $151 Million Conservation Easement; Tens of Millions in Bogus Contributions
Two recent cases highlight ongoing issues with the federal charitable contribution deduction.In Battelle Glover Investments, LLC v. Commissioner (link to petition available from Tax Analysts; subscription required), a partnership is…
Wills, Trusts & Estates Prof Blog
Trying Times: Conservation Easements and Federal Tax Law
Trying Times: Conservation Easements and Federal Tax LawFriday, May 3, 2019 -- 8am-Noon PT/9:00am-1pm MT/10:00am-2:00pm CT/11:00am-3:00pm ETInterested in hearing from the IRS and national experts about recent court cases, IRS…
Law on Purpose
Congress Increases Scrutiny of Syndicated Conservation Easements
Senate Finance Committee launches investigation, while anti-syndication bill is introduced in the House and Senate Abusive syndicated easements are bad news, as described in more detail in my December 2017…
Agricultural Law and Taxation Blog
Permanent Conservation Easement Donation Transactions Find Their Way to the IRS “Dirty Dozen” List
OverviewThe donation of a permanent conservation easement on farm or ranch land can provide a significant tax benefit to the donor. The rules are complex and must be carefully complied…
Nonprofit Law Prof Blog
Grassley, Wyden, and DOJ Scrutinize Syndicated Conservation Easement Transactions
UPDATE: Rep. Mike Thompson, Chair of the House Ways and Means Subcommittee on Select Revenue Measures and Rep. Mike Kelly have introduced the Charitable Conservation Easement Program Integrity Act of…