June 12, 2008
Congress Extends Tax Break for Land-Conservation Gift
Nonprofit organizations have won an extension of a generous tax incentive for donations of land and property that are important for conservation or historic purposes.
A two-year extension of the so-called conservation-easement deduction was included in a bill to protect farmers, which became law over President Bush's veto.
The provision, created as a temporary, two-year incentive under the Pension Protection Act, expired at the end of last year. Conservation groups, including
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