Partnerships Dispute IRS Denial Of $67M In Easement Breaks

By Kat Lucero · April 14, 2026, 6:36 PM EDT

Two partnerships challenged the IRS in the U.S. Tax Court over penalties and additional taxes tied to separate conservation easement deductions, alleging the agency had failed to explain why it denied...

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Case Information

Case Title

Green Valley Investors, LLC v. Commissioner of Internal Revenue

Case Number

25-2197

Court

Appellate - 4th Circuit

Nature of Suit

U.S. Tax Court 

Date Filed

October 08, 2025