Tax Court Affirms Denial of Deductions for Facade Easement and Cash Donations

The U.S. Tax Court affirmed its partial summary judgment in the case of Kaufman v. Commissioner.  The Court denied a charitable deduction for a facade easement for its lack of perpetuity.  The Court also disallowed deductions for conditional cash contributions and imposed accuracy related penalties for those deductions.

Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.