W. Curtis Elliott, Jr., Partner, Culp Elliott & Carpenter, PLLC to Speak at the Knowledge Group’s Structuring and Defending Conservation Easement Event
New York, NY, December 16, 2015 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that W. Curtis Elliott, Jr., Partner, Culp Elliott & Carpenter, PLLC will speak at the Knowledge Group’s webcast entitled: “Structuring and Defending Conservation Easements under IRC Section 170(h).” This event is scheduled for June 28, 2016 from 3:00pm – 5:00pm (ET).
For further details, please visit: https://theknowledgegroup.org/structuring-and-defending-conservation-easements-under-irc-section-170h-live-webcast/
About W. Curtis Elliott, Jr.
Curtis Elliott is one of the leading tax litigators in the United States. He has over 30 years of experience litigating civil and criminal tax cases, including IRS audits and appeals, and grand jury proceedings. He has extensive courtroom trial experience in the U.S. Tax Court, the Federal District Courts and state courts. His tax advocacy has resolved some of the most complex, high stakes tax cases for clients. Mr. Elliott’s clients include Fortune 500 companies, entrepreneurial companies, estates and individuals. He works closely with co-counsel and CPA firms. Mr. Elliott is a Fellow in the American College of Tax Counsel, and is very active in the ABA Section of Taxation. He speaks at conferences across the country on tax dispute topics. Mr. Elliott also co-authored the nationally published treatise entitled Valuation Practice in Estate Planning and Litigation (Clark Boardman Callahan, 1994).
About Culp Elliott & Carpenter, PLLC
Culp Elliott & Carpenter, PLLC is a Charlotte, North Carolina tax law firm founded in 1982. It provides innovative tax, and legal solutions that create value for its clients, and helps clients achieve the most important goals in their businesses and lives. The Firm represents high-net-worth individuals, successful entrepreneurs, and corporate business clients. Firm members develop effective strategies to save on taxes, representing clients in the areas of estate planning, real estate and commercial transactions, mergers, acquisitions, restructuring and re-capitalizations. Firm members handle civil and criminal tax litigation, and trusts and estates litigation, at all levels of dispute, and represent clients in disputes with the Internal Revenue Service. The Firm serves clients throughout the Southeastern United States.
Event Synopsis:
Section 170(h) of the Internal Revenue Code allows an income tax deduction to landowners of real estate who self-impose restrictions on the use and development of their land in order to achieve specified conservation purposes. This is accomplished by granting a conservation easement, permanently binding on the land, to a qualified 501(c)(3) organization or government agency. The IRS has been more closely scrutinizing and, in some instances, challenging conservation easements in recent years. Various issues in the creation and valuation of conservation easements have been litigated and more cases are pending. Nevertheless, Congress recently showed its support for the charitable donation of conservation easements by permanently approving enhanced income tax benefits. Conservation easements remain an important tax and estate planning tool and an effective, environmentally and socially valuable act of charity with substantial community benefits. In this Knowledge Group Live webcast, a panel of distinguished professionals will help you understand the most critical issues affecting the implementation and defense of conservation easements, which will include:
- Section 170(h) qualification fundamentals
- Pitfalls that can lead to disqualification of the deduction
- Hazards in drafting reservations of rights
- Assuring a qualified appraisal
- Avoiding quid pro quo problems of disallowance
- Selecting and developing good appraisal evidence
- Defending and trying conservation easement cases in audits and the U.S. Tax Court
The live webcast will provide tax and related professionals with a comprehensive overview of meeting the IRC Section 170(h) requirements along with the detailed regulatory rules. Attending this course will give you the tools you need to understand how to strengthen client’s conservation easements and minimize the risk of a negative result in the event of an IRS challenge.
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
For further details, please visit: https://theknowledgegroup.org/structuring-and-defending-conservation-easements-under-irc-section-170h-live-webcast/
About W. Curtis Elliott, Jr.
Curtis Elliott is one of the leading tax litigators in the United States. He has over 30 years of experience litigating civil and criminal tax cases, including IRS audits and appeals, and grand jury proceedings. He has extensive courtroom trial experience in the U.S. Tax Court, the Federal District Courts and state courts. His tax advocacy has resolved some of the most complex, high stakes tax cases for clients. Mr. Elliott’s clients include Fortune 500 companies, entrepreneurial companies, estates and individuals. He works closely with co-counsel and CPA firms. Mr. Elliott is a Fellow in the American College of Tax Counsel, and is very active in the ABA Section of Taxation. He speaks at conferences across the country on tax dispute topics. Mr. Elliott also co-authored the nationally published treatise entitled Valuation Practice in Estate Planning and Litigation (Clark Boardman Callahan, 1994).
About Culp Elliott & Carpenter, PLLC
Culp Elliott & Carpenter, PLLC is a Charlotte, North Carolina tax law firm founded in 1982. It provides innovative tax, and legal solutions that create value for its clients, and helps clients achieve the most important goals in their businesses and lives. The Firm represents high-net-worth individuals, successful entrepreneurs, and corporate business clients. Firm members develop effective strategies to save on taxes, representing clients in the areas of estate planning, real estate and commercial transactions, mergers, acquisitions, restructuring and re-capitalizations. Firm members handle civil and criminal tax litigation, and trusts and estates litigation, at all levels of dispute, and represent clients in disputes with the Internal Revenue Service. The Firm serves clients throughout the Southeastern United States.
Event Synopsis:
Section 170(h) of the Internal Revenue Code allows an income tax deduction to landowners of real estate who self-impose restrictions on the use and development of their land in order to achieve specified conservation purposes. This is accomplished by granting a conservation easement, permanently binding on the land, to a qualified 501(c)(3) organization or government agency. The IRS has been more closely scrutinizing and, in some instances, challenging conservation easements in recent years. Various issues in the creation and valuation of conservation easements have been litigated and more cases are pending. Nevertheless, Congress recently showed its support for the charitable donation of conservation easements by permanently approving enhanced income tax benefits. Conservation easements remain an important tax and estate planning tool and an effective, environmentally and socially valuable act of charity with substantial community benefits. In this Knowledge Group Live webcast, a panel of distinguished professionals will help you understand the most critical issues affecting the implementation and defense of conservation easements, which will include:
- Section 170(h) qualification fundamentals
- Pitfalls that can lead to disqualification of the deduction
- Hazards in drafting reservations of rights
- Assuring a qualified appraisal
- Avoiding quid pro quo problems of disallowance
- Selecting and developing good appraisal evidence
- Defending and trying conservation easement cases in audits and the U.S. Tax Court
The live webcast will provide tax and related professionals with a comprehensive overview of meeting the IRC Section 170(h) requirements along with the detailed regulatory rules. Attending this course will give you the tools you need to understand how to strengthen client’s conservation easements and minimize the risk of a negative result in the event of an IRS challenge.
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
Contact
The Knowledge Group
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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