IThe IRS has won a round in its efforts to crack down on abuses of a legal tool designed to protect private land from development. The U.S. Tax Court has ruled that a Virginia couple’s gift of a ...
A federal appeals court panel appeared dismissive Wednesday of a Georgia partnership’s claim that the US Tax Court ignored the “reasonable person standard” before affirming a denial of its $20.7 ...
The Internal Revenue Service has announced plans to roll out a new settlement initiative aimed at reducing the significant backlog of conservation easement cases currently pending before the U.S. Tax ...
Following news accounts that raise questions about some easements donated to environmental and historic-preservation groups, the Internal Revenue Service says it will disallow such deductions if it ...
BOZEMAN - Landowners will soon be able to claim larger tax deductions for placing conservation easements on their property, under a provision included in the pension overhaul bill that President Bush ...