Description: Lose Money in Conservation Easement Investments? Contact Goodman & Nekvasil, P.A. for a Free Consultation.
IRS WILL AUDIT 100% Of ABUSIVE SYNDICATeD EASEMENTS
Lost Money Investing in Conservation Easements? Contact our Firm Today.
According to a recent article, IRS National Fraud Counsel Carolyn Schenck agreed that the timelines and valuations asserted in many syndicated conservation easement scenarios are over the top, potentially to the point of being a badge of fraud. “The IRS is auditing 100 percent of these cases,” Schenck said . “We’re finding that these transactions are abusive, riddled with outlandish facts, questionable dealings, and papered with documents that on their face raise issues to even the least discriminating eye.