Document Actions
Tax Benefits of Conservation
Tax benefits for conservation easements or other donations are unique to each taxpayer's situation and depends on many factors including donation value, adjusted gross income, etc. LOLT does not provide tax advice to landowners and highly recommends consulting financial advisors when considering potential or actual tax benefits of such donations.
The following links provide additional information pertaining to tax benefits:
- The South Carolina Conservation Incentives Act: An Innovative Approach to Conservation by LOLT's President Scott Barnes and Senator Chip Campsen.
A summary of tax incentives for South Carolina, current as of April 2006. Includes brief example calculations.
An extensive and inclusive resource written by Governor Mark Sanford and SC Dept. of Revenue.
In 2005 the South Carolina General Assembly adopted important changes relative to charitable deductions resulting from gifts of conservation easements and other noncash charitable contributions. This Third Edition incorporates the 2005 legislative changes.
A 
Website with current information on federal legislation and more.