I was interviewed last week by the Alabama Forest Owners' Association as part of their Capital Ideas - Live! podcast. In the short interview, I...
Timber Tax Resources
Updated Tax Tips for Forest Landowners
Every year, the United States Forest Service, in conjunction with university extension professors, publish a tax tips sheet for forest landowners....
Q&A – Depletion Blocks vs. Depletion (Timber) Accounts
The difference between depletion blocks and depletion accounts is often confused by forest landowners and Christmas tree growers. As a quick...
The 3 Types of Qualifying Reforestation Expenditures
There are 3 main types of reforestation expenditures that qualify for accelerated deduction under Internal Revenue Code (IRC) § 194. Forest...
Trusts and Stepped-Up Basis
Every Christmas tree grower and forest landowner should review their estate plan to determine the impact of a recent IRS ruling involving grantor...
Save Taxes in 2023 with Courses
Are you looking to save taxes in 2023? If so, learn how to with my new courses! Almost all Christmas tree growers and forest landowners can save...