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February 17, 2011
Tax Breaks For Conservation Easements May Get Even Sweeter
As some of you may know, I am obsessed with intrigued by conservation easements. A strong motivator for some conservation easements (but not all or even necessarily most) is the availability of federal income tax deductions. A current bill in the senate would make such donations even more alluring.
The Rural Heritage Conservation Extension Act of 2011 would allow landowners to deduct up to 50% of the adjusted gross income for such donations (right now it is only a mere 30%).
- Jessica Owley
February 17, 2011 in Agriculture, Conservation Easements, Federal Government, Historic Preservation, Land Trust, Servitudes | Permalink
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