A partnership that claimed a $16.7 million tax deduction for donating a conservation easement covering land in Georgia was trying to “fleece the public” with its claims that the land could be used for clay mining, a U.S. Tax Court judge said Tuesday in a decision slashing the deduction.
Tax Court Cuts $16.7M Deduction For Conservation Donation
by usoftax_admin | Oct 8, 2024 | Tax News