CONSERVATION EASEMENT7 mins
HISTORIC PRESERVATION EASEMENTS10 mins
EASEMENT VALUATION13 mins
HIGHEST AND BEST USE (HBU)16 mins
IRS FOCUS & NOTICE 2017-1021 mins
IRS FOCUS24 mins
INVESTMENT PARTNERSHIPS FOR CONSERVATION35 mins
LAND CONSERVATION EXAMPLE45 mins
Wall Street Journal published in March 2016 an article addressed how the then president-elect frequently donated development rights on his properties to conservation groups and these donations allowed Trump to take significant federal income tax deductions.
In December 2016, the IRS declared syndicated conservation easements to be a listed transaction (Notice 2017-10). In December 2017, Fortune Magazine Published “The Billion Dollar Loophole”, which described in detail how high-income taxpayers are deriving tax benefits from syndicated conservation easement projects, again, Quoting Donald Trump as an example.
Conservation easements granted in perpetuity as a charitable donation can provide donors with significant income, estate and property tax planning opportunities if structured properly.
Section 170(h) of the Internal Revenue Code allows an income tax deduction to landowners of real estate who self-impose restrictions on the use and development of their land in order to achieve specified conservation purposes. The webcast will provide tax and related professionals with a comprehensive overview of meeting the IRC Section 170(h) requirements. It would include:
Don has supported individual and corporate clients as a CPA for more than 40 years and as a registered representative for 18 years. Don has his BSIR and MBA from the University of North Carolina in Chapel Hill.
Don resides in Charlotte, NC with his wife Kim and their three children, Will, James and Lauren. He also has three adult daughters, Mary Kathryn, Elizabeth, and Rebekah, as well as five grandchildren. Whether pursuing a thorough due diligence review before recommending a new product for a specific tax obligation, or dancing the night away at a Hornets game, Don Deans goes beyond what is comfortable to get the job done – all while enjoying life and the people he meets.
Deans Consulting is dedicated to helping businesses, professionals, and individuals navigate the complex world of tax strategies. We educate our clients through speaking, publishing, and consulting, and strive to provide creative solutions tailored to each client.
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary
MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.