In theory, conservation easements are a benefit to the public. When a landowner donates land to the government or a land trust for conservation purposes, they can deduct the value of that land from their taxes. This potentially contributes new land to public use and enjoyment, and the tax deduction works much like a charitable contribution deduction.
Tax filing issues are often problematic for small business owners. This is often due to the simple fact that they have not kept up to date on current tax laws. One issue that can be particularly troublesome is business deductions.
Nobody wants to pay more in taxes than necessary. To that end, the Internal Revenue Service offers taxpayers a variety of allowable deductions regarding several types of expenses, such as those related to childcare expenses or employment. Like all deductions, though, it is important to be mindful of the permissibility of what you're trying to claim.