Most of the video is shot at Lye Creek Prairie Burn, Montgomery County, Indiana. This habitat has recorded 234 species of birds, including the Indiana threatened species Sedge Wren. Sedge Wren nests here in most years. Once I observed 15 males singing on territory here.
I love the farming lifestyle but this video couldn’t be any more wrong. Farmers today have forgot about land stewardship and only care about money while they rip out hundreds of acres of woods just to put in a pivot it’s very sad to see what the land looks like around us now.
The IRS previously identified certain syndicated conservation easements as “listed transactions” under Notice 2017-10-specifically, transactions for which investors in pass-through entities receive promotional material offering the possibility of a charitable contribution deduction worth at least two and half times their investment. Today’s release indicates that for many of these transactions, the deduction taken is significantly higher than 250% of the investment. Syndicated Conservation easements were included on the IRS’s 2019 “dirty dozen” list of tax scams to avoid. Contact Lance Wallach before it's too late. 516-236-8440 Wallachinc@gmail.com
On Monday, December 21, 2020, Stein and Corey Agee of Atlanta, Georgia entered guilty pleas in federal court to conspiracy charges related to their roles in syndicated conservation easement transactions. These are the first guilty pleas related to the continuing IRS and Department of Justice criminal investigations across the country pertaining to easement transactions. In December 2017, the IRS issued Notice 2017-10, designating certain syndicated conservation easements as “listed transactions,” which are subject to significant scrutiny. The IRS has since announced syndicated conservation easement transactions as an area of focus for enforcement, by launching a Large Business & International Division (“LB&I”) compliance campaign in September 2018 and by including these transactions on the IRS’s annual “Dirty Dozen” list of tax scams in 2019 and 2020. In November 2019, with IR-2019-182, the IRS announced a “significant increase in enforcement actions,” explaining that coordinated examinations were being conducted by three IRS divisions: LB&I, Small Business & Self-Employed (“SBSE”), and Tax Exempt and Government Entities (“TGE”). The IRS also noted that it was working closely with the Department of Justice to pursue wrongdoers. The IRS explained they would be casting a broad net, pursuing those who promoted, assisted (e.g., appraisers and return prepayers), or participated in the transactions. Increased enforcement has resulted in many IRS victories in conservation easement cases. On October 1, 2020, IRS news release IR-2020-228 emphasized the IRS’s continued efforts to combat abusive syndicated conservation easement transactions. Lance Wallach has received hundreds of phone calls to fight the IRS and sue the promoters of these easement scams. call 516-236-8440. As an expert witness Lance Wallach has never lost a case. Google him and your advisor, Who do YOU trust. Wallachinc@gmail.com
About 84 percent of syndicated easements were in some stage of an IRS audit, according to the finance committee report, Another IRS audit target is captive insurance. The IRS has long taken note of the rise of micro-captive insurance schemes, placing the scheme on the “Dirty Dozen” of tax schemes to avoid every year since 2014. Their investigations have heated up in recent years. Lance Wallach gets hundred of calls, call 516-236-8440 to help fight the IRS and to sue the salesmen that sold people these scams. As an expert witness his side has never lost a case. Google Lance Wallach and whoever sold you the scam, Who do you TRUST. Wallachinc@gmail.com
The IRS released an advance version of Notice 2016-66 that identifies a type of transaction involving a “micro-captive insurance” structure as a “transaction of interest”-i.e., a tax avoidance transaction-for purposes of Reg. section 1.6011-4(b)(6) and sections 6111 and 6112. Notice 2016-66 [PDF 44 KB] states that these “micro-captive transactions” have the potential for tax avoidance or evasion. Taxpayers engaged in these transactions must disclose the transactions. A failure to disclose will be subject to the penalty under section 6707A or section 6707(a). In 2019, the IRS added syndicated conservation easement transactions to its annual "Dirty Dozen" list of tax scams. Lance Wallach has received hundreds of phone calls to fight the IRS, and to get all peoples money back from the promoters that sold these scam tax shelters. As an expert witness Lance Wallach has never lost a case. If you are in a captive or conservation easement and want to be made whole contact Wallachinc@gmail.com or call 516-236-8440. Google Lance Wallach and your advisor. Who do YOU trust.
With the increased reporting requirements, IRS audits of conservation easement transactions have greatly increased. Instead of working collaboratively with taxpayers to seek a reasonable resolution, Revenue Agents are being directed to disallow deductions no matter what. With a high percentage of cases headed to litigation, taxpayers need to take every step to protect themselves now. With the increased reporting requirements, IRS audits of easement transactions have greatly increased. Instead of working collaboratively with taxpayers to seek a reasonable resolution, Revenue Agents are being directed to disallow deductions no matter what. With a high percentage of cases headed to litigation, taxpayers need to take every step to protect themselves now. Lance Wallach gets hundreds of phone calls to help people remove easement problems, fight IRS and get their money back from the promoters that sold them the easement. 516-236-8440 | Wallachinc@gmail.com
The IRS is increasing it enforcement actions for syndicated conservation easement transactions. This includes more coordinated examinations across IRS divisions, as well as more criminal investigations. The IRS believes that these audits and investigations may cover billions of dollars of potentially inflated charitable contribution deductions for qualified conservation easements made through partnerships and limited liability companies (LLCs) Google Lance Wallach and your advisor. Who do you trust? Lance Wallach 516-236-8440 Wallachinc@gmail.com
Great video. I ran across an article on the Shatto Ditch experiment on the Science News for Students website, then read some other articles, and was finally led here. I teach 6th-grade science in a rural school district in northeast Indiana, and our final eLearning lesson this year is on the Shatto Ditch project. You guys should get in contact with the Indiana Department of Education and partner with them on providing resources for lesson plans that teachers in Indiana and elsewhere can use. This is the sort of thing that is relevant to students' lives and they find interesting, particularly if they live on a farm or in a rural community.
