March 30, 2023
A Georgia company and three company executives accused of participating in a tax scheme that generated $3 billion in charitable deductions for donated conservation land agreed to pay the U.S. government $6 million to settle claims over their role in the alleged scheme, according to documents obtained by Law360.
March 20, 2023
A Georgia federal judge approved a settlement Monday permanently barring EcoVest Capital from making deals involving deductions for qualified conservation easement contributions, ending a government lawsuit that had accused the company of running a $3 billion tax scheme.
March 13, 2023
An investment group and its appraiser agreed to stop making deals involving deductions for qualified conservation easement contributions under a proposed settlement of a U.S. government lawsuit accusing them of running a $3 billion tax scheme, according to a filing Monday in Georgia federal court.
March 06, 2023
The U.S. government accepted settlement offers from an investment group and its Alabama land appraiser that would resolve a suit accusing the two of promoting a $3 billion conservation easement tax scheme, according to a report filed Monday in Georgia federal court.
November 21, 2022
A Georgia federal judge on Monday closed a long-running case alleging an investment group and an Alabama appraiser promoted a $3 billion conservation easement tax scheme, saying government review of their settlement offers could take too long to simply hit pause.
September 08, 2022
The U.S. government pushed back Thursday against a company's arguments that the Eleventh Circuit approved of methods to value conservation easements challenged in a $3 billion case, telling a Georgia federal court that the company mischaracterized the appeals court's ruling.
April 01, 2022
A real estate appraiser was "deeply integrated and embedded" in an abusive $3 billion conservation easement tax scheme and should be considered a tax shelter promoter liable for penalties, the U.S. government told a Georgia federal court Friday.
March 17, 2022
An appraiser accused by the U.S. government of facilitating a $3 billion conservation easement scheme hasn't promoted tax shelters, he told a Georgia federal court Thursday, asking it to dismiss the government's bid for a pretrial win in its case.
February 24, 2022
An appraiser's counterclaim that the U.S. government wrongly disclosed his tax information during a $3 billion conservation easement tax scheme case shouldn't be separated, he told a Georgia federal court Thursday, because it won't hurt the government.
February 16, 2022
The U.S. asked a Georgia federal court to rule ahead of trial that a real estate company and an appraiser promoted tax shelters, saying they engaged in a $3 billion syndicated conservation easement scheme by knowingly overinflating property values.