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The government is targeting a tax deduction that goes by the cumbersome name syndicated conservation easement, which exploits a charitable tax break that Congress established to encourage preservation of open land.
A conservation easement is a voluntary, written deed agreement to protect conservation features of property; for example, farmland, natural resources and scenic views. Easements prohibit more intensive land uses such as commercial, industrial and high-density residential development.
What are conservation easements? Land trusts and private landowners most commonly work together to protect conservation values on their lands through voluntary agreements called conservation easements. These agreements permanently limit the uses of land in order to protect conservation values.
To protect Middle Tennessees natural beauty, one increasingly popular tool is the conservation easement. A conservation easement is a legal means by which landowners can voluntarily restrict the use of a designated piece of land.
A faade easement preserves an historical structure by restricting changes to the structure. This assures the owner of the historic structure that its faade will be maintained, protected and preserved forever.
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A conservation easement is a voluntary legal agreement between a landowner and a government agency or land trust that permanently limits future development of the land to protect its conservation values.
A conservation easement is a voluntary agreement with a nonprofit land trust or government agency that allows a landowner to limit the type or amount of development on their property while retaining private ownership of the land.
A conservation easement is a voluntary agreement with a nonprofit land trust or government agency that allows a landowner to limit the type or amount of development on their property while retaining private ownership of the land.
In Notice 2017-10, the IRS identified syndicated conservation easement transactions as listed transactions that expose taxpayers to heightened reporting requirements and increased penalties. In November 2019, the IRS announced a coordinated campaign to target syndicated conservation easement transactions.
The Agricultural Conservation Easement Program (ACEP) provides financial and technical assistance to help conserve agricultural lands and wetlands and their related benefits.

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