IRS Still Fighting Conservation Tax Breaks
- Thursday, February 23, 2012, 3:23
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Although conservation easement tax deductions expired December 31, 2011, many are still being claimed?and many are being audited. See Rich “Conservation Easement” Tax Break Ends. If you didn’t act before the end of 2011, it’s too late (unless the rules are re-enacted). Even if this charitable deduction isn’t revived, it seems likely there will be tax litigation for years over these deals. See Claim Your Facade Easement Now (Just Not With This Promoter).
http://www.forbes.com/sites/robertwood/2012/02/22/irs-still-fighting-conservation-tax-breaks/
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