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National Timber Tax WebsiteTax Management for Timberland Owners
www.timbertax.org
National Timber Tax Website
Objectives Primary source for information about the treatment of
forestland ownerships, timber investments and transactions, businesses and estates under the US Internal revenue Code and the tax codes of the various states.
The information provided will be as user friendly as current technology allows
The primary audience is individual landowners and small timber businesses: the professionals servicing theses landowners, including CPA’s, enrolled tax preparers, tax preparers generally, attorneys, and consulting and industrial foresters.
National Timber Tax Website
Primary Headings Getting Started State Tax Laws Estate Planning Publications Tax Research New Developments Links
National Timber Tax Website
Getting Started: Timberland
Acquisitions Structuring Ownership Timberland Appraisal Determine Your Basis Record Keeping Management and
Operating Expenses Reforestation
Expenses
Cost-Share Payments Depreciation Casualty Losses Timber Sales &
Income Conservation
Easements Christmas Trees Form T Exchanges
National Timber Tax Website
State Taw Laws Property & Income Taxes
Estate Planning Planning Guide, Conservation Easements
Publications IRS, Journal Articles, Ag. Handbook
Tax Research Master Index, Case Law, Rulings, IRC, How to Section
New Developments IRS, Legislation, Case Law
Links
National Timber Tax Website
Current Projects Ongoing updates to reflect current law, including State
property and income tax laws. Development of a comprehensive estate planning
website for forestland owners. This will be done in conjunction with, and expand upon, the “Making Estate Planning More Accessible for Forest Landowners” module on the Forest and Range website (www.forestandrange.org).
Development of a depletion accounting software package.
National Timber Tax Website
User Statistics For the period Aug. 1, 2005 to July 31, 2006
Avg. Hits/Month = 35,000 Avg. Page Views/Month = 89,000 Questions submitted through website = 210
National Timber Tax Website
If you have Questions or Comments on the website: Click on the “Contact Us” Link at the bottom of
every page Email us directly at: [email protected]
