Stein Sperling tax attorneys David De Jong and Mark Schweighofer and estates and trusts attorney Steven Widdes were interviewed by Montgomery Community Media, as part of their Small Business Network series, on “The Good, The Bad and The Ugly of the Tax Reform Act.”
INDIVIDUALS Final Regulations under Code Sections 170 and 786 follow prior Proposed Regulations limiting charitable contributions flowing from partnerships based on conservation easements to 2.5 times the sum of each partner’s “relevant basis” and determine…
INDIVIDUALS In Excelsior Aggregates LLC v. Commissioner, TC Memo 2024-60, in a decision applied to 13 cases, the Tax Court doubted the value of conservation easements restricting sand and gravel mining and reduced the deduction…