Tax Articles

The following is a list of recent articles and publications that apply to timberland ownership

Tax Tips for Forest Landowners for the 2013 Tax Year (Linda Wang & John L. Greene) (PDF) - Annual bulletin summarizing key federal income tax provisions related to owning and managing forest land. For previous years Tax Tips click here!

Timber Tax Overview - Forestry Income Tax Series (Mississippi State University Extension Service)

Basics of Basis - Forestry Income Tax Series (Misssissippi State University Extension Service)

Tree Farmer Magazine

The following articles have been reproduced from the "Tree Farmer" magazine with the permission of the American Forest Foundation, 1111 19th Street, N.W., Suite 780, Washington, D.C. 20036. (Telephone 202.463.2462)

Year/Issue Article Title
2009
Jan-Feb 2009 (vol 28 no 1) How to Treat Carbon Sequestration Income
2008
Nov-Dec 2008 (Vol 27 no 6) Be Audit Ready - 2008 End-of-Year Review
Sep-Oct 2008 (Vol 27 no 5) Environmental Incentives Dominate Tax Law Changes in 2008
May-June 2008 (Vol 27 no 3) New Rules: Form 1099, Casualty Losses, and Errata
Jan-Feb 2008 (Vol 27 no 1) Will the Zero Percent Capital Gains Tax Rate Help You?
2007
Nov-Dec 2007 (Vol 26 no 6) 2007 End-of-Year Tax Review
Sep-Oct 2007 (Vol 26 no 5) Effects of the Small Business & Work Opportunity Tax Act
July-Aug 2007 (Vol 26 no 4) Handling Fire Losses and Reforestation Expenses of Trusts
May-June 2007 (Vol 26 no 3) The IRS Uses Substance-Over-Form Doctrine to Evaluate Tax Savings Techniques
Mar-Apr 2007 (Vol 26 no 2) Implications of Giving Your Tree Farm to Family Members
Jan-Feb 2007 (Vol 26 no 1) Do "It" with a Trust
2006
Nov-Dec 2006 (Vol 25 no 6) End-of-Year Tax Review
Sep-Oct 2006 (Vol 25 no 5) Federal Estate Tax Update
July-Aug 2006 (Vol 25 no 4) How to Establish and Change Timber Accounts
May-June 2006 (Vol 25 no 3 Catching Up On a Recent Tax Development
Mar-Apr 2006 (Vol 25 no 2) Gulf Zone Legislation Helps All Tree Farmers
Jan-Feb 2006 (Vol 25 no 1) Domestic Production Activities Deduction
2005
Mar-Apr 2005 (Vol 24 no. 2) How to Delay Paying Tax on Gains from Involuntary Conversions
Jul-Aug 2005 (Vol 24 no 4) On the Jobs Creation Act
Sep-Oct 2005 (Vol 24 no 5) Plugged In: Updates on e-filing and websites
Nov-Dec 2005 (Vol 24 no 6)

Your Guide to Closing the Books on 2005, plus Extra on Hurricane Katrina
2001
Jan-Feb 2001 (Vol. 20 No. 1) The "Lump Sum" Fix
Mar-Apr 2001 (Vol. 20 No. 2) Use a Private Annuity Contract to Transfer Your Tree Farm
2000
Jan-Feb (Vol. 19 No. 1) Ready for a Lower Capital Gains Rate
Mar-Apr (Vol. 19 No. 2) Do Your Accounts Reflect Reality?
May-Jun (Vol. 19 No. 3) Your Forester Should Help With Your Taxes
Jul-Aug (Vol. 19 No. 4) Gaining a Lower Tax Rate
Sep-Oct (Vol. 19 No. 5) Act Now to Reduce Your 2000 Bill
Nov-Dec (Vol. 19 No. 6) Eliminating the Death Tax
1999
Jan-Feb (Vol. 18 No. 1) IRS Taxpayer Compliance Program Yields Results
Mar-Apr (Vol. 18 No. 2) Wildlife Activities and the Hobby Loss Rule
May-Jun (Vol. 18 No. 3) Postponing Tax on Stumpage Sale?
Jul-Aug (Vol. 18 No. 4) Ways to Increase Basis in Timberland
Sep-Oct (Vol. 18 No. 5) Casualty Loss Deduction: Guinea Pigs Needed
Nov-Dec (Vol. 18 No. 6) Congress Passes a Tax Bill with Timber-Specific Provisions