Conservation easements under IRS attack

[Michael Plaks]

Some of you have been looking into conservation easements as a tax shelter for doctors and other high earners.

Take notice: the IRS is in the attack mode. 

On July 9, the U.S. Tax Court struck down four more abusive syndicated conservation easement transactions. The IRS calls on any taxpayer involved in syndicated conservation easement transactions who receives a settlement offer from the agency to accept it soon.
https://www.irs.gov/newsroom/irs-offers-settlement-for-syndicated-conservation-easements-letters-being-mailed-to-certain-taxpayers-with-pending-litigation

[Christopher Smith]

Very "creative" valuations (i.e., fraud), class action lawsuits, huge penalties and interest, what's not to like.