Federal Income Tax on Timber: A Quick Guide for Woodland Owners, Fourth Edition
Federal Income Tax on Timber: A Quick Guide for Woodland Owners, Fourth Edition

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This publication provides a quick reference on timber tax laws that are important to woodland owners. It presents concise and easy-to-understand explanations of issues related to woodland owners. The intended audience includes woodland owners, loggers, and consulting foresters who need a basic understanding of Federal income tax rules on the man- agement of woodland property. The publication is also a valuable resource for tax practitioners: certified public accountants, tax managers, enrolled agents, attorneys, and tax return preparers who seek a quick overview of timber tax rule Since the first income tax Form 1040 appeared in 1913, many timber tax provisions, which are commonly un- known by tax professionals, have been added to encour- age management and stewardship of private woodland. This publication is prepared to help woodland taxpayers and their professional advisors learn and use these tax laws. This fourth edition is updated with the 2012 tax infor- mation. It has a different title from the third edition to make it consistent with the revised content.

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  • Released: November 7, 2017
  • Author: United States Department of Agriculture
  • Rating: 5
  • Publisher: Ebook Store Group
  • Total Page: 209 pages
  • File Size: 2336 KB
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