MLTN Lunch & Learn: Navigating IRS Regulations: New Reporting Requirements for Donated Conservation Easements and Land

Tue., Feb. 11, at 12:00 am - 1:00 pm

Learn more about the new IRS transaction regulations here.

The U.S. Treasury has issued new regulations that significantly affect land trusts involved in easement or land donations from pass-through entities, such as partnerships or limited liability companies. These regulations are complex and subject to further interpretation, but the main point is that land trusts may need to report and disclose information to the IRS about these donations if they are considered a “material advisor.” Failure to comply with this requirement could result in a penalty of $200,000. This introduces a potentially new financial liability for land trusts.

We invite you to join the LTA Conservation Defense Network and Tax Manager Diana Norris on February 11th from 12 to 1 p.m. to learn about and discuss these new regulations and their significant implications for land trusts. Your participation is greatly valued as we navigate these important changes together.

There is no cost to participate, but registration is required. To register, please use the link.