The Internal Revenue Service has found problems with many of the conservation easements it gives to landowners in Colorado.
The easements provide tax breaks, such as credits and deductions, to landowners who agree not to develop their land or break it into parcels. In August, then-IRS Acting Commissioner Kevin Brown wrote to inform Sen. Wayne Allard, R-Colo., that only 12 of the easements it had investigated did not have problems, according to The Denver Post. The IRS at that point had examined 109 out of 290 cases.
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