Blog :: 12-2010

Enhanced Conservation Easement Tax Incentives Enacted for 2011

A provision of the tax bill signed into law by the President last week increases the tax benefits for qualifying conservation easements placed in effect between January 1st of this year and December 31st of next year.

These temporary incentives increase the amount of income that can be shielded from 30 to 50 percent (100% for farmers and ranchers), and they extend the carry-forward period for any unused portion of a deduction from 5 to 15 years.

These enhanced incentives are scheduled to expire automatically at the end of 2011, and, with mounting concern about Federal debt levels, it may be many years before the incentives are again made this attractive.

If you are looking for a tax deduction, please note these new provisions. This a great time to buy and conserve land. For more information, please contact me matthews@raveis.com.

KMR Arts Pop-Up Shop Event on December 10 & 11th!

Five seasoned fashion and design professionals have combined resources to bring a Pop-Up Shop to the KMR Arts Gallery in Washington Depot on December 10, 11 to 7pm and December 11 from 11am to 5pm, 2010 - planned to coincide with Holiday in the Depot!This will be a great chance to do some unique holiday shopping right here in Washington. The Pop-Up store is the latest trend in retail creating an air of surprise and exclusivity within a limited time span and offering unique selections of fine artwork, apparel and accessories.

- The recently launched Gimme Power hand, designed by Linda Zelenko and Ana Piscuskas, has become an instant design classic. Dubbed a New Collectible by the New York Times Magazine, this unique iPhone charger will be available at the KMR Arts Pop Up Shop.
- Bohemian Chic has a cult following for its access to unique and exclusive accessories featuring jewelry from India and stylish shawls and scarves from Italy.
- Jane Veronis is a New York born designer whose current home on the island of Majorca, Spain provides constant inspiration for her jewelry, Balu Designs.Balu Designs has been featured on the pages of Elle, Vogue, Allure and Glamourmagazines.
- Photographer Visko Hatfields client list reads like a whos who in the fashion, editorial and art worlds. Incorporating his lively, graphic photographs, Hatfield has designed a line of Plexi topped powder coated steel boxes with for artful storage, atop desk, counter, or dresser. Made in the
USA, each box touches the hands of 8 jobs in Connecticut and Brooklyn, New York.
- Leila Shahgholis LS Collection is crafted using Swarovski cut rhinestones, coloured gemstones and pearls. LS Collection pieces are bold yet timeless. Designer Leila Shahgholis background includes an architecture degree from RISD, fashion design at Ralph Lauren, painting and textile design. Her discreet clientele includes celebrities and style icons in NYC and abroad.

****With a purchase of $75. or more, get one raffle chance to win a Gimme Power Hand!!!

KMR Arts

2 Titus Road

Washington Depot, Ct. 06794

860-868-7533

www.kmrarts.com