In February of 2020, the United States Tax Court issued a Memo, Railroad Holdings, LLC T.C. Memo. 20...
The Challenges for Art Donation (Part 3 of 3): Trouble with $0 Donations
When it comes to the charitable donation of art, the Internal Revenue Service (IRS) has increasingly...
The Challenges for Art Donation (Part 2 of 3): Economic Substance
As discussed in part one of this series on art donations, a taxpayer who wishes to receive a tax ded...
The Challenges for Art Donation (Part 1 of 3): An Introduction
Among the many ways that Congress uses tax laws to influence taxpayers’ spending, encouraging dona...
Conservation Easements – Subordinating Mortgages
There are many tax and social benefits to gifting a conservation easement. Unfortunately, some taxpa...