24 June 2024 IRS finalizes regulations on deduction disallowance for conservation contributions by partnerships and S corporations The IRS and Treasury Department today issued final regulations (TD 9999) on the deduction disallowance for certain qualified conservation easements made by partnerships and S corporations as charitable contributions. The final regulations adopt the proposed regulations (see Tax Alert 2023-1976) with some modifications. A Tax Alert is forthcoming.
Document ID: 2024-1247 | ||