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Conservation Tax Incentive Expanded
A great victory for land conservation!

Family farmers, ranchers, and other moderate-income landowners can now obtain a significant tax benefit for making the charitable donation of a conservation easement.

Get the latest updates and resources on the expanded tax incentive for conservation easements which was signed into law in August 2006. (updated 11/13/2006)

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Tax Incentive Home
Answers to Frequently Asked Questions
IRS Guidance on Appraisers and Appraisals


IRS Update
New Information on Conservation Easement Law Cases
(posted 12/1/06)
Information on three recent conservation easement cases including court documents is available here.

For more information, you can also read a speech on easements by the IRS Commissioner for Tax Exempt and Government Entities, or learn about changes to the tax forms land trusts use: the 8283 and the 990.(updated 6/9/2006)


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Key Documents

U.S. Treasury Regulations on Donations of Conservation Easements

The Federal Law on Donations Of Conservation Easements (and other partial interests)


Visit the Protect Private Conservation page for information on the Joint Committee on Taxation's January 2005 recommendations - and the land trust community's response.

Other News

Local, State and Federal Tax Incentives for Conservation Easements
Former South Carolina Director of Revenue, Burnet Maybank, published an excellent resource on tax incentives for conservation. It focuses on South Carolina law, but will be useful to anyone interested in conservation tax incentives.(posted 7/21/2006) View the PDF or learn more about other State Tax Credits

LTA Hires Western Policy Manager
LTA is delighted to welcome Lynne Sherrod as the Western Policy Manager. Lynne served as the Executive Director of the Colorado Cattlemen's Agricultural Land Trust for the past nine years, an organization that has partnered with more than 125 ranching families in the protection of 225,000 acres.(posted 6/14/2006) More

Proper - and Improper - Deductions for Conservation Easement Donations, including Developer Donations
Stephen Small's recent article in Tax Notes reviews the tax law concerning donations of conservation easements, and highlights abuses of that law that are raising concerns with the IRS. (posted 11/12/04) More

Treasury and IRS Issue Notice Regarding Improper Deductions for Conservation Easement Donations

Public Policy Principles of the Land Trust Alliance

Maintaining open land is good public policy: open space helps everyone.
Good public policy
fosters voluntary land conservation.
Public and private interests in land can and should be balanced.
Land trusts make strong conservation partners.

Learn more.

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Southern Madison Heritage Trust
P.O. Box 117 - Hamilton, NY 13346

Banner photo by John Hubbard