Simmons U.S. Tax Court Decision Handed Down
On September 15, 2009, the U.S. Tax Court handed down its decision in
Simmons v. Commissioner (T.C. Memo. 2009-208). Mrs. Simmons had donated two easements to The L'Enfant Trust, one in 2003 and one in 2004... 
OTHER BREAKING NEWS: Internal Revenue Service Advisory Council (IRSAC) released its annual general report on November 18, 2009.
The L’Enfant Trust is a 501(c)(3), non-profit organization founded in 1978 to promote a public aesthetic in land use planning. The Trust creates and maintains programs to promote the beauty of Washington’s urban environment. The Trust was a pioneer in the use of a unique and powerful preservation tool - the Conservation Easement. The easement is an enforceable promise, voluntarily made by a property owner and binding on all subsequent owners, that no change in the exterior appearance of a protected building will be made unless consented to by The L'Enfant Trust.
