Congress extends the enhanced easement incentive!

Congress extends the enhanced easement incentive! This is great news for landowners in Montezuma and Dolores counties — check out the details of H.R. 4853 or contact MLC at 970. 565.1664 for more information.

The incentive, which now applies to donations in 2010 and 2011:

  • Raises the income tax deduction a landowner can take for donating a conservation easement from 30% of their income in any year to 50%;
  • Allows farmers and ranchers to deduct up to 100% of their income; and
  • Increases the number of years over which a donor can take deductions from 6 to 16 years.

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