Big Irs Defeat In Conservation Easement Case

In Huda T. Scheidelman v. Commissioner of Internal Revenue, the Second Circuit Court of Appeals reversed the Tax Court and handed the taxpayer???and the whole conservation easement community???a big victory. The IRS has had some victories of its own, including the case reported here: No Appraisal No $18.5M Deduction, Says Tax Court.??Perhaps that makes??this reversal ...

BING NEWS:
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    As evidenced by their constitutionally questionable trick of passing the bill without an effective date, they obviously fear voter retribution if they were to outright defeat the bill ... to place his land into a conservation easement to save it in ...
    03/31/2015 - 9:47 am | View Link
  • South Kona forest protected with $3.2M conservation easement
    The Pace family, which owns the land, has agreed to a $3.2 million conservation easement with the state Department of Land and Natural Resources. The easement is funded by the U.S. Forest Service's Forest Legacy Program. Pace donated more than 25 percent ...
    03/21/2015 - 1:00 pm | View Link
  • Time For A Change On Signal Mountain
    Just last night (Monday, Oct. 13), the Lockstep Ladies and the mayor displayed arrogance and distrust toward future citizens and future councils by approving an unnecessary and irresponsible “conservation easement” to be granted – “in perpetuity ...
    10/13/2014 - 9:00 pm | View Link
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    04/24/2014 - 8:53 am | View Link
  • Taking testimony in the Judiciary Committee
    119 sets up a process for amending conservation easements. Currently nothing exists. We heard testimony that this issue is an urgent one. Because of recent IRS letters ... land available is on a conservation easement. Proponents of the bill state that ...
    01/30/2014 - 3:00 am | View Link
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