In our fourth and final submission regarding the 2021 IRS Dirty Dozen, we’ll take a look at what the IRS calls “promoted abusive arrangements.” You can check out the scams written about in my first three installments of this weekly column published over the last three successive weeks.

The IRS is warning people to be on the alert for tax promoters who aggressively are peddling false hopes of large tax deductions from the following abusive arrangements. While for most people, these are fairly limited in their applicability, still they may be something about which you need to be aware.

Syndicated conservation easement promoters take a provision of tax law for conservation easements and twist it through using inflated appraisals of undeveloped land and partnerships. These abusive arrangements are designed to game the…

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