Thursday, June 16, 2005 News - Ending abuses of easements 06/16/05 News - Ending abuses of easements 06/16/05: "Ending abuses of easements
Conservation easements are a good way to protect green space and wildlife habitats, but abuse of the concept is getting deserved attention from the Internal Revenue Service.
The IRS told senators in Washington that the agency has established a team dedicated to tracking down abusive tax breaks claimed through conservation easements.
Easements are development restrictions on land, for which the landowner may get either compensation directly from government or nonprofit organizations, or tax deductions for donating the easements."

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