There is a section in the IRS tax code, designed to preserve certain U.S. lands, permitting wealthy investors to significantly reduce their income tax liability. Landowners who are willing to grant a permanent restriction on the use of their property to a qualified organization exclusively for conservation purposes will get a big tax deduction even…

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With the new tax laws, it has become potentially more difficult to receive optimal tax treatment for one’s charitable donations. Married couples filing jointly now have a $24,000 standard deduction. Unless the total itemized deductions are more than $24,000, it won’t pay to itemize. Moreover, big deductions of the past for state property tax and…

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