Conservation Easement Cases

For years at conventions I have warned of the IRS interest and pending audits. Now the IRS is going after easements and if you have used this tax strategy get help now. Most CPAS will not be able to help. If they sign a return with an abusive shelter on it they most report direct to the IRS, which means you get audited. syndicated conservation easements. Get help before it is too late. IRS has ramped up its enforcement efforts on syndicated conservation easements. On September 10, 2018, the IRS announced five new Large Business and International Division (“LB&I”) compliance campaigns, including a campaign focused on syndicated conservation easement transactions. This intensified scrutiny comes roughly 18 months after the IRS identified syndicated conservation easement transactions as listed transactions that require disclosure statements to the IRS by both investors and material advisors. This new effort will enhance IRS enforcement of those disclosure r

Cryptocurrency transactions who potentially failed to report income You need to get help now. The Internal Revenue Service  announced  today that it has begun mailing what it calls “educational letters” to taxpayers with The Internal Revenue Service  announced  today that it has begun mailing what it calls “educational letters” to taxpayers with cryptocurrency transactions who potentially failed to report income and pay the resulting tax from such transactions, or did not report their transactions properly. The IRS started sending these letters to taxpayers last week. By the end…who potentially failed to report income and pay the resulting tax from such transactions, or did not report their transactions properly. The IRS started sending these letters to taxpayers last week. By the end… Published on November 26, 2019

Easements require an IRS 8886 form to reduce fines : Know what an IRS 8886 form is? If you contribute a conservation easement to a qualified organization, then you’...