Forest Taxation – Hardwood University Workshop
This workshop from Hardwood University is aimed at private forest landowners, their accountants, and consulting foresters. The objective of the workshop is to discuss how to handle forest taxation during forest ownership, harvest, reforestation, and related issues.
The registration form can be found on the Hardwood University Sign Up Form.
Agenda:
8:45 – 9:00 Registration and program introduction
9:00 – 10:15
- Introduction to federal income tax
- Basis determination & allocation
- Reforestation expenses
10:15 – 10:30 Coffee break
10:30 – 12:00
- Income tax considerations during timber sale
- Depletion
12:00 – 12:30 Lunch (provided)
12:30 – 1:30
- Recovering expenses
- Dealing with loss
1:30 – 2:15
- Cost share
- Recordkeeping
2:15 – 3:00 Q&A session
3:00 Conclusion