Buchanan Ingersoll & Rooney Tax counsel Elizabeth Carrott Minnigh was published in Bloomberg BNA Tax Management series, offering analysis on a Second Circuit decision on charitable contributions.

In Scheidelman v. Comr., the Second Circuit overturned two Tax Court rulings regarding noncompliance with qualified appraisal rules and mandatory cash payments to façade easement grantees.

The case “is a significant setback for the IRS, which has been successful in several courts in disallowing a deduction for façade easements on the basis of faulty appraisals,” wrote Minnigh.

Read the full article –Scheidelman v. Comr.: Second Circuit Vacates Tax Court Decision Disallowing Charitable Deduction for Contribution of Façade Easement,” (July 26, 2012)