IRS Extends Due Date for Certain Conservation Easement Transactions

Monday, October 2, 2017 - 1:00pm

The Internal Revenue Service published Notice 2017-58 today, extending the due date from today until Oct. 31 for participants affected by hurricanes Harvey, Irma and Maria to file disclosures for syndicated conservation easement transactions that are identified as tax-avoidance transactions. Notice 2017-10 requires that those transactions must be disclosed each taxable year.