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Understanding the Conversation Easement Tax Deduction
Conservation easements have been a popular preservationist’s tool for decades, in large part because of the tax benefits available to easement donors. The concept is straightforward: The donor grants a restrictive easement over a qualifying property to a qualifying organization and receives a tax deduction for the charitable contribution based on the value of the easement.

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Understanding the Conversation Easement Tax Deduction
Conservation easements have been a popular preservationist’s tool for decades, in large part because of the tax benefits available to easement donors. The concept is straightforward: The donor grants a restrictive easement over a qualifying property to a qualifying organization and receives a tax deduction for the charitable contribution based on the value of the easement.
Enter Taxman: Income Taxation of Personal Injury Litigation Settlements
You represent a client in a difficult personal injury case and are close to finalizing an agreement that you believe would achieve a great result for your client. Is it time to celebrate? Not quite yet. You have to consider and address one of the things that is certain in life: TAXES.
The Employment Tax Gap
Federal employment taxes amount to one-third of all revenue collected by the Internal Revenue Service (IRS) and approximately $72 billion of the tax gap. Employment taxes are collected under the Federal Insurance Contribution Act (FICA), Self-Employment Contribution Act (SECA), and the Federal Unemployment Tax Act (FUTA). FICA and SECA taxes fund old-age, survivor, and disability insurance benefits, as well as hospital insurance benefits, commonly referred to as Social Security and Medicare taxes.
Why Congress Should Extend the Expiring Solar Energy Investment Tax Credit
The solar energy industry is booming in the private sector for both commercial and residential uses, yet the true power of solar energy is often overlooked or misunderstood. A number of federal agencies, including the world’s largest energy consumer—the Department of Defense (DOD)—have taken a leading role in promoting and utilizing solar energy while also educating the public and future job seekers about solar power. The upcoming expiration of the solar energy investment tax credit will create a fallout that will be felt around the world.
Deference to IRS Interpretations and the Challenges of Auer Deference
Federal tax law begins with the Internal Revenue Code (the Tax Code), found in Title 26 of the U.S. Code. The Tax Code comprises thousands of pages but is only a small portion of the authorities relating to federal taxation (the tax laws). There are many tens of thousands of pages of regulations and judicial opinions interpreting the tax laws.
The IRS’ Use of Secret Subpoenas
In Reservoir Dogs, Steve Buscemi’s character, Mr. Pink, shocks a group of hardened criminals when he refuses to leave a tip for a waitress. Unfazed by arguments that tipping is woven into the fabric of society, no law compels Mr. Pink to leave a buck, so he doesn’t. The IRS recently made the same argument in a pending Tax Court case when it refused to produce all nonparty subpoenas and all responses and documents received by the IRS with respect to such subpoenas.