The IRS Office of Chief Counsel announced in Issue Number IR-2020-130 that it will be making a time-limited settlement offer to certain taxpayers with pending docketed Tax Court cases involving such conservation easement transactions, offering finality to the affected taxpayers. The settlement offers do not address those cases that are currently pending in Examination or IRS Appeals.

Read the full GT Alert, “IRS Offers Settlement to Syndicated Conservation Easement Investors with Cases Pending in U.S. Tax Court.”