Conservation Easement Tax Incentives Face IRS Scrutiny but Remain Viable for Some Landowners
Congress is considering expanding tax incentives for land preservation through conservation easements, despite the IRS targeting abusive practices. These agreements allow landowners to reduce their tax burden while preserving property such as ranches or farmland. While some investors have exploited these deductions, legal experts argue they remain beneficial for genuine users.
Topics: conservation_easements farm_bill IRS_scrutiny land_preservation