Tax Planning With Conservation Easements

Structuring Deals After Historic Boardwalk Hall and Other IRS Challenges; Pairing With Other Tax Credits

Recording of a 110-minute CLE webinar with Q&A


Conducted on Thursday, March 7, 2013
Recorded event now available


This teleconference will explain the tax advantages and potential tax treatment of conservation easements. The panel will discuss recent case law developments, how to structure easements to avoid IRS challenges, and how to pair conservation easements with the historic tax credit.

Description

Conservation easements granted in perpetuity as a charitable donation can provide donors with significant income, estate and property tax planning opportunities if structured properly.

The charitable contribution deduction for conservation easements has been under heightened IRS scrutiny in recent years. The IRS has frequently challenged the valuation of the easement, and also attacked other deficiencies in structuring transactions. Several critical tax court cases were decided in 2012.

Moreover, the 3rd Circuit’s Historic Boardwalk Hall ruling regarding a historic tax credit transaction could also have a significant impact on existing and planned tax credit structures for conservation easement transactions.

Listen as our authoritative panel of practitioners reviews tax planning opportunities with conservation easements and recent IRS scrutiny of the charitable donation. The panel will explain how to structure easements to avoid IRS challenges and pair conservation easements with the historic tax credit.

Outline

  1. Tax planning opportunities with conservation easements
  2. Potential IRS challenges to the charitable donation of conservation easements
  3. Recent case law developments
  4. Structuring easements to avoid IRS challenges
  5. Pairing conservation easements with the historic tax credit

Benefits

The panel will review these and other key questions:

  • What are common IRS challenges to conservation easement donations?
  • What lessons does recent case law provide on elements practitioners should consider when structuring conservation easements to minimize challenges by the IRS?
  • What is the potential impact of the Historic Boardwalk Hall ruling on existing and planned tax credit structures for conservation easement transactions?
  • How can conservation easements be paired or combined with the historic tax credit?

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.

Upon completing this seminar, you will understand the tax advantages and potential tax treatment of conservation easements, how to structure easements to avoid IRS challenges, and how to pair conservation easements with the historic tax credit.

Faculty

Anthony Ilardi, Jr., Member
Dykema, Bloomfield Hills / Detroit, Mich.

He is in the Taxation Practice Group, and concentrates on counseling developers, lenders, investors and community development entities with respect to federal and state tax credits and other economic development incentives. He focuses on tax planning for businesses, individuals, partnerships and limited liability companies, and advises clients on the tax aspects of real estate development.

David M. Wooldridge, Shareholder
Sirote & Permutt, Birmingham, Ala.

His practice focuses on tax litigation and tax controversy cases.  Most recently, he has had a particular emphasis on defending conservation easements including the landmark Kiva Dunes case in US Tax Court.  His 31 years of practice has included tax planning, state & local tax issues, family succession and business planning, shareholder oppression, and director and fiduciary liability issues.

Anson H. Asbury, Principal
Asbury Law Firm, Atlanta

He has over 14 years experience in federal and state taxation, specializing in tax controversy and litigation. Before founding the Firm, he was in house tax counsel to one of the largest U.S. publicly traded companies. He was a member of the tax controversy team at Chamberlain Hrdlicka in Atlanta, and a corporate tax consultant in the New York office of two international public accounting firms.

Ordering

On-Demand CLE - Streaming Audio

Our best recorded option for CLE accreditation. Includes recorded streaming audio of full program plus PDF handouts.

Note: Self-study CPE, RTRP, and EA credits are not offered on on-demand webinars.

Strafford is an approved provider and can request CLE credit for On-Demand programs in the following states. (Note: Some states restrict CLE eligibility based on the age of a program. Refer to our state CLE Map for additional information.)

AK, AZ, CA, CO, DE, FL, GA, HI, IA, ID, IL, IN*, KY, LA, ME, MN, MO, MT, NC, ND, NH**, NJ, NM, NV, NY*, OH*, OK, OR, PA, SC, TN, TX, UT, VA, VT, WA, WI, WV, WY

*Only available for attorneys admitted for more than two years. For OH CLE credits, only programs recorded within the current calendar year are eligible - contact the CLE department for verification.

**NH attendees must self-determine if a program is eligible for credit and self-report their attendance.

On-Demand CLE Audio $149.00

How does this work?


Recorded Event

Includes full event recording plus handouts.

Note: Self-study CPE, RTRP, and EA credits are not offered on recorded events.

Strafford is an approved provider and self-study CLE credit is available in the following states. (Note: Some states restrict CLE eligibility based on the age of a program. Refer to our state CLE Map for additional information.)

AK, AZ, CO, FL, GA, HI, IA, ID, IL, KY, ME, MN, MO, MT, ND, NM, OR, PA, TN, TX, UT, VT, WA, WV, WY

To apply for Continuing Education credit for a recorded event, contact Strafford CLE to obtain an Attorney Affirmation Form at 1-800-926-7926 ext. 35 or CLE@straffordpub.com.

Recorded Webinar Download $49.00

How does this work?

Recorded Audio Download (MP3) $49.00

How does this work?

DVD (Slide Presentation with Audio) $49.00 plus $9.45 S&H

How does this work?

CD (Audio with Slide PDFs) $49.00 plus $9.45 S&H

How does this work?

NASBA CPE Sponsor

National Registry of CPE Sponsors

Strafford Publications, Inc. 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.learningmarket.org.

Program Materials

Requires Adobe Reader 8 or later. Download Acrobat FREE.

Program Materials

Requires Adobe Reader 8 or later. Download Acrobat FREE.

or call 1-800-926-7926

CLE Credits

Many states grant CLE credits for on-demand streaming audio programs and recorded events. Our programs are pre-approved in many states. Refer to our state CLE map for state-specific information.

or call 1-800-926-7926

CPE Credit

Strafford is a NASBA CPE sponsor and our live webinars qualify for CPE credits. They offer you a high quality, cost effective, and convenient CPE option, with no lost travel time or expenses.

or call 1-800-926-7926

Customer Reviews

Concise and accurate presentation. Handouts very informative.

William Moran

Shire Canada

The presenters were knowledgeable and able to intelligently answer questions.

Tommy Orr

Mikunda, Cottrell & Co.

It was a very good presentation of complex material, managed in an understandable format. The information will be useful in my practice.

Jay H. McDowell

Withers Bergman

Strafford webinars are convenient and offer timely topics with knowledgeable presenters.

Tammy Fried

American Express

Strafford’s program provided useful planning tips.

Randall Gibson

Stoll Keenon Ogden

or call 1-800-926-7926

Tax Law Advisory Board

Patrick Derdenger

Tax Partner

Steptoe & Johnson

Edward Froelich

Of Counsel

Morrison & Foerster

Daniel L. Gottfried

Partner

Hinckley Allen

J. Leigh Griffith

Partner and Practice Group Leader - Tax

Waller Lansden Dortch & Davis

Mark Lange

Transactional Tax Partner

McKenna Long & Aldridge

Lori Mathison

Partner, Cross-Border Transactions Tax

Fraser Milner Casgrain

Christian McBurney

Federal Tax Partner

Nixon Peabody

Suzanne Ross McDowell

Partner, Tax-Exempt Organizations

Steptoe & Johnson

Todd Reinstein

Partner, Corporate Tax and Due Diligence

Pepper Hamilton

Alex Sadler

Partner

Ivins, Phillips & Barker

Susan Seabrook

Partner

Bingham McCutchen

Peter Stathopoulos

Managing Director, State and Local Tax Practice

Bennett Thrasher

Eric Tresh

Partner & Co-Chair, State & Local Tax Practice

Sutherland Asbill & Brennan

or call 1-800-926-7926

Our Guarantee

Strafford webinars are backed by our 100% Unconditional Money-Back Guarantee: if you are not satisfied with any of our products, simply let us know and get a full refund. For more information regarding complaints and refunds, please contact us at 1-800-926-7926 ext 10. Complaints regarding this program can be submitted via the course evaluation found in the “Thank you” e-mail at the end of the course.