Syndicated Conservation Easement Tax Strategy Rejected by IRS RICO Complaint

January 2, 2021

The Internal Revenue Service (IRS) allows some conservation easements to be considered a noncash charitable contribution deduction, which can have substantial tax benefits for certain individuals. However, the easements must be placed on the property in strict compliance with the terms set by the IRS. The complaint for this class action brings suit against a number of companies and individuals, alleging they have operated a fraudulent Syndicated Conservation Easement (SCE) strategy which, it says, “was not properly implemented and was never intended to be.”

Case Event File: Syndicated Conservation Easement Tax Strategy Rejected by IRS RICO Complaint

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