Need some heavy winter reading? This latest publication from USFS Cooperative Forestry offers landowners and timber purveyors some smart hints on paying the right amount of tax to the IRS. This is a very useful collection of information - download it here.
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For more information about timber tax, contact Susan at: metcalfetimbertax@hotmail.com
Many accountants do not know that timber is taxed as a capital gain, nor can they set up a depletion account. At Metcalfe Forestry, I help landowners and loggers decrease the amount of tax paid on and for stumpage.
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