Case Studies

Navigating the IRS Settlement Opportunity for Conservation Easement Disputes

A new offer initiative gives eligible taxpayers a chance to settle past conservation easement disputes with more favorable terms—but you’ll need to know if you qualify and act fast.

By NomadicTax Research Team • 5-8 min read • June 18, 2026

## What Are Conservation Easement Disputes? These involve partnerships or individuals claiming deductions for donating property or property rights (land or historic preservation easements). Courts have identified abuses—claims often involving **inflated valuations**, resulting deductions being slashed (on average to ~6%) and steep penalties. ([irs.gov](https://www.irs.gov/newsroom/irs-announces-terms-of-a-time-limited-settlement-opportunity-for-eligible-taxpayers-involved-in-conservation-easement-disputes?utm_source=openai)) ## Key Features of the New Time-Limited Opportunity IRS has announced a settlement initiative covering a number of historic and conservation easement cases, with more favorable terms than typical litigation outcomes. Major points include: ([irs.gov](https://www.irs.gov/newsroom/irs-announces-terms-of-a-time-limited-settlement-opportunity-for-eligible-taxpayers-involved-in-conservation-easement-disputes?utm_source=openai)) - **Who’s eligible**: Current cases—both docketed in Tax Court or under Examination—including many that previously rejected settlement offers. Up to around 1,100 cases in total. - **Penalties & deductions**: - During the first 90-day offer period: 10% gross valuation misstatement penalty (instead of 40%), no charitable contribution deduction but deduction based on out of pocket “other deduction.” - Next 45-days: terms are similar except penalty rate rises to 20%. - **Payment**: No upfront payment required to elect the settlement—liability deferred. ## Do You Qualify? Check this if your case meets *all* of the following: - Partnership case (TEFRA / BBA) - Not yet tried and awaiting opinion - Not under appeal - Didn’t settle previously under equivalent terms - Not part of test case unless other bound cases have settled or agree to settle under this initiative If your case meets the criteria, you’ll receive a **settlement letter** from the IRS with your specific offer terms. ([irs.gov](https://www.irs.gov/newsroom/irs-announces-terms-of-a-time-limited-settlement-opportunity-for-eligible-taxpayers-involved-in-conservation-easement-disputes?utm_source=openai)) ## Example Scenario *Partnership GreenFields claimed a $5 million deduction for a land easement in 2020. After audit, IRS allowed only $300,000 (6% of original) with a 40% penalty. GreenFields rejected earlier offers. Now, via the new settlement initiative, it may receive a letter offering an “other deduction” close to its $200,000 out-of-pocket contribution with only 10-20% penalty and no upfront payment.* ## What You Should Do ASAP - Be on lookout for letters from the IRS if you believe your easement dispute is eligible. - Review valuation documentation and out-of-pocket investment amounts—your proof will drive the “other deduction.” - Consult counsel experienced in easement law and IRS litigation. - Understand that if you don’t act during the settlement windows (90 or next 45 days), default litigation outcomes usually mean harsh penalties and tiny deductions. ## Long-Term Implications - Encourages more conservative valuation practices in future easement donations. - Courts and IRS may increasingly view inflated valuation claims skeptically. - Planning arrangements should now include realistic appraisal documentation and risk assessments. This initiative could effectively reshape easement dispute resolution. If you're part of a qualifying case, innovative terms offer a chance for a much better outcome—don’t let the deadline pass.