Topic
Conservation Easements
399 published works
Wills, Trusts & Estates Prof Blog
IRS Final Rules Identify Syndicated Conservation Easements as Abusive Tax Transactions
The IRS and U.S. Treasury Department have finalized regulations identifying certain syndicated conservation easement transactions as "listed transactions," marking them as abusive tax schemes that must be reported. Released on…
Nonprofit Law Prof Blog
Evaluating IRS Conservation Settlement Offers
See here for Sheppard's discussion of earlier settlement offers.Hale Sheppard has an interesting article out in Tax Notes in which he updates readers on the Service's most recent settlement initiative. …
Nonprofit Law Prof Blog
Kashi Way, Latest Tax Court Judge, Has Tax Exempt Chops. But Evasive on Conservation Easements
Kashi Way is the Tax Court's most recent FNG. The Senate confirmed his nomination last week. He's done some exempt orgs work throughout his long years of laying low in…
Nonprofit Law Prof Blog
More on Settlement Offers to the Conservation Easement Syndicate
The Service has basically won the war against inflated conservation easement deductions but it is still working to round up prisoners. Here are terms of the Service's most recent pre-emptive…
Nonprofit Law Prof Blog
Imposter Syndrome, Subchapter K, and Conservation Easement Deductions
The Service issued final regs concerning syndicated conservation easement deductions this week. The regs only serve to remind me how stupid Subchapter K really is. And about the imposter syndrome…
Nonprofit Law Prof Blog
Service Announces New Batch of Syndicated Conservation Easement Settlement Offers
For prior coverage, see here.darryll k. jones
Nonprofit Law Prof Blog
IRS Finalizes Conservation Easement Disallowance Regulations
Earlier this week the IRS issued final regulations implementing section 605 of the SECURE 2.0 Act of 2022, enacted as Division T of the Consolidated Appropriations Act, 2023, Public Law…
Nonprofit Law Prof Blog
11th Circuit Rules That IRS Conservation Easement Listing Notice Is Invalid
The U.S. Court of Appeals for the Eleventh Circuit affirmed a federal district court decision that IRS Notice 2017-10 is invalid because the IRS failed to comply with the Administrative…
Nonprofit Law Prof Blog
Fourth Circuit: IRS Has Repealed Conservation Easement Deduction With Vengeful Audits and Hyper-technicality
I told you earlier this year that the Tax Court has had just about enough of conservation easement deduction cases. Another Court has chimed in with the same sentiment. During…
Agricultural Law and Taxation Blog
Musings in Agricultural Law and Taxation – of Conservation Easements; IDGTs and Takings
OverviewThe ag law and tax world continues to go without rest. It’s amazing how frequently the law intersects with agriculture and rural landowners. It really is “where the action is”…