IRS provides details about settlements in syndicated conservation easement transaction initiative

IRS provides details about settlements in syndicated conservation easement transaction initiative  https://www.irs.gov/newsroom/irs-prov https://accountinginstruction.info/ As the Internal Revenue Service continues combatting abusive syndicated conservation easements, the agency today released additional information to help address questions related to the ongoing settlement initiative.  Today the Internal Revenue Service Chief Counsel released Chief Counsel Notice 2021-001 PDF ("CC Notice"), which contains information regarding Chief Counsel's settlement initiative for certain pending Tax Court cases involving abusive syndicated conservation easement transactions described in IRS Notice 2017-10 PDF ("SCE transactions"). Prior coverage of the settlement initiative can be found in IRS news release IR-2020-196.