Topic
Conservation Easements
399 published works
Agricultural Law and Taxation Blog
Recent Tax Developments in the Courts
OverviewThe courts continue to issue opinions involving important tax issues not only farmers and ranchers, but opinions on issues that impact a broader range of taxpayers. In today’s post I…
Nonprofit Law Prof Blog
IRS & DOJ Continue to Pursue and Win Conservation Easement Cases
The IRS and DOJ continue their pursuit of syndicated conservation easement deductions and those individuals who promoted them, and continue to win those disputes. Recent developments include:The 11th Circuit upheld…
Rocky Mountain Conservation Easement Law
IRS Chief Counsel Advice Memorandum on Extinguishment Proceeds Clauses
By Melinda Beck
On July 30, 2021, the Office of Chief Counsel of the Internal Revenue Service (IRS) released a Chief Counsel Advice Memorandum 202130014 on the requirements of I.R.C. Section 170(h) and…
Rocky Mountain Conservation Easement Law
Preservation of the Metzler Property in Castle Rock, Colorado
By Melinda Beck
The Metzler Property in Castle Rock, Colorado was preserved today through the generous donation by the Estate of Robert F. Metzler of 60 acres of land to the Town of…
Rocky Mountain Conservation Easement Law
11th Circuit Court Denies Conservation Easement Deduction in TOT Property Holdings Case
By Melinda Beck
On June 23, 2021, the U.S. Court of Appeals for the 11th Circuit in TOT Property Holdings upheld the denial of a charitable deduction for a conservation easement on the…
Rocky Mountain Conservation Easement Law
Colorado Legislature Expands Conservation Easement Tax Credit
By Melinda Beck
Today the Colorado legislature passed HB21-1233, the Conservation Easement Enhancement and Rural Stimulus Act. The Act was proposed and shepherded by Keep It Colorado, and will now proceed to the…
Agricultural Law and Taxation Blog
What’s the “Beef” With Conservation Easements?
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
Jay, Down the Rabbit Hole with the IRS’ Challenge to Perpetual Conservation Easements, Part Two
Jessica Jay (Conservation Law, P.C.) has published Down the Rabbit Hole with the IRS' Challenge to Perpetual Conservation Easements, Part Two in the Environmental Law Reporter. Here is the abstract:When…
Agricultural Law and Taxation Blog
Court Developments of Interest
OverviewPeriodically on this blog, I summarize recent cases of interest to those involved in agriculture and tax practitioners in general. Today is one of those days. Recent court developments of interest…
Legacy Advisors
IRS Establishes Office of Promoter Investigations with Emphasis on Conservation Easements and Micro-captive Insurance Arrangements
By Barbara T. Kaplan, Shira Peleg
On April 19, 2021, the IRS announced the establishment of a new Office of Promoter Investigations (OPI). The creation of OPI demonstrates the IRS’s commitment to pursuing promoters and combating abusive tax…