The Internal Revenue Service has begun issuing summonses as it investigates Colorado's program for conservation easement tax credits.
The state's Division of Real Estate has been investigating the program and asked the IRS to join the probe. The program gives transferable income tax credits of up to $375,000 per easement to landowners who are willing to donate land containing scenic vistas and wildlife habitat to land trusts in order to preserve the land for public benefit.
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