In 2007, heirs sold a conservation easement on inherited farmland for $910,000, in 2013, they got a shock from US Tax Court

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In Van Alen v. Commissioner, decided on October 21, 2013, the court ruled in favour of the Internal Revenue Service (IRS). The dispute involved $910,000 received by a family trust from the sale of an easement on the ranch. The court also upheld accuracy-related penalties against the taxpayers.