Tax Court Nixes $26M Easement Deduction Over Quarry Value

By Kat Lucero · March 31, 2025, 8:10 PM EDT

The U.S. Tax Court rejected Monday a partnership's nearly $26 million conservation easement deduction tied to a 110-acre farmland in Alabama, stating the partnership had failed to prove that its hypothetical...

To view the full article, register now.