In case you missed it, the U.S. Court of Appeals for the Eleventh Circuit challenged the approach, tactics and justifications given by the Internal Revenue Service (IRS) to…
Kristen Parillo Tax Notes October 23, 2020 Attorneys continue to flood the Tax Court with petitions challenging the IRS’s denial of conservation easement deductions, with…
We are a diverse, national coalition of stakeholders in more than 40 states representing the entire conservation easement ecosystem – and we believe that conservation should be available for ALL Americans. Join our land conservation efforts today.
The IRS issued Notice 2017-10 on December 23, 2016, designating certain donations of conservation easements by partnerships as a “listed transaction.” P4C has five primary overarching concerns with the Notice, and provides several potential alternative solutions.
Section 170(h) of the Internal Revenue Code has helped preserve millions of acres of land for almost 40 years. With an enhanced conservation easement incentive in 2015, the tax incentive is working as intended – and P4C supports common-sense improvements to continue to empower private conservation for more Americans.
P4C recommends several best practices our members follow when using private funding to advance conservation efforts in the United States. We encourage any qualified recipients to accept conservation donation easement donations that adhere to these guidelines.