Many forest landowners pay more taxes on their timber than they should. Learn to plan and save. Accountants can help to calculate taxes, but forest landowners need to understand how timber expenses should be reported, and how they are taxed. Saving money on timber taxes starts by keeping good records and knowing how tax rules will affect your bill. Online webinars will be available to help landowner make critical decisions about timber sales. Topics will include:
Seeing the Forest for the Trees: An Overview of Forestry Taxes
Basics of Timber Basis: Re(setting) the Table
Timber Management Expenses and Deductions
Keeping More of Your Timber Income Following a Timber Sale
Coping with losses from Nature and Chance
The Woodland Stewards Webinar Series begins on January 25, 2022.