IRS Asked to Admit to More Easement Penalty Approval Backdating

Three conservation easement donors have asked the IRS to admit it backdated penalty approval forms in their cases, after the agency recently admitted it backdated an approval form in a separate easement case.

The three easement donors—partnerships Arden Row Assets LLC, Basswood Aggregates LLC, and Delwood Resources LLC—each included an exhibit in US Tax Court filings that they want the Internal Revenue Service to concede shows an agency team manager admitting to backdating penalty forms. Attorney Todd Welty, who heads Todd Welty PC and represents the donors, provided the Aug. 16 filings to Bloomberg Law Monday.

The filings come after ...