Trying Times: Conservation Easements and Federal Tax Law 2022
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Though many land trusts have extensive knowledge of the tax rules and requirements, they cannot provide specific legal and financial advice to landowners nor prepare tax return documents on their behalf. Instead, says McIntyre “It is critical that we provide educational opportunities and support to the advisors who work on behalf of landowners and are accountable for the preparation of these documents. Every landowner’s situation is unique and they must be able to rely on well-informed, competent advisors. We need to help create an environment where that occurs.”
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