Colorado farmer Marc Arnusch turned down solar leases on 2,700 acres; instead he chose a conservation easement to protect the family farm, then faced an IRS audit
In Colorado, a farmer prioritized preserving his farmland rather than accepting lucrative solar development offers. He sought a conservation easement that enabled a noteworthy tax deduction. However, this triggered an IRS audit regarding the complicated valuation. This situation reflects broader enforcement issues the IRS faces with conservation easements. The farmer…
The Times of India ·