Senate Finance Committee Archives - Jackson & Campbell, P.C.

15 Apr 2019 |

Conservation Easements: Saving Our Green Spaces or Illegal Tax Shelters?

A property owner who donates an easement of his or her property to a charitable organization for conservation or historical purposes is permitted to take a charitable deduction for the value of that donated property easement. The statutory requirements are set forth in Internal Revenue Code §170(h). There are many conservation easements that are fulfilling the intent of the legislation ... Read More

TAGGED: irs, Internal Revenue Code §170(h), Senate Finance Committee, 501(c)(3), §170(c) public charity, Internal Revenue Service Form 8283, Conservation Easement Audit Techniques Guide