The IRS does not like syndicated conservation easement tax deductions, and some promoters end up with criminal charges. Two men were sentenced to 23 and 25 years.
He is cooperating with prosecutors in their case, as are five accountants who helped sell syndicated conservation easement tax breaks and also pleaded guilty.
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A major promoter of land conservation deals and six others were indicted as the IRS escalated a crackdown on what it says are fraudulent syndicated deals.