Timber Tax Filing for the 2017 Tax Year
Webinar Details
When:
Mar 2, 2018 1:00 pm US/Eastern
Length: 01:00 (hh:mm)
Advance Registration NOT required.
View now on-demand.
Presenter(s):
- Dr. Linda Wang, National Timber Tax Specialist, USDA Forest Service
Virtual Event Format:
Group Viewing Available:
Sweeping overhaul of the Tax Code passed by Congress in December 2017 triggered significant amount of questions. There are many confusions as to how the 2018 tax changes will affect forest landowners. Also, special new rules relating to the 2017 Hurricanes provided tax relief on personal property losses including landscape tree losses.
To help the private forest landowners, foresters, loggers and timber businesses with their 2017 tax return filings and planning for the new tax law changes in 2018, this one-hour free webinar will explain the income tax reporting rules as well as the major new law changes affecting timber transactions.
About Forest Taxation
Providing Timber Tax Information to Private Forest Landowners
Forest Taxation under the Cooperative Forestry Staff of the U.S. Forest Service provides national leadership on forest tax policy, tax education, and information that are important to support private forest stewardship and conservation.
Cooperative Forestry tracks the latest tax law changes, delivers estate planning information, and provides forest tax policy assessment through websites, publications, presentations, workshops, and webinars. We work in collaboration with State Forestry Agencies, Cooperative Extension Services, and Forest Landowner Associations.
The tax and planning information assistance helps private landowners and rural communities to manage lands sustainably. It benefits forest landowners, forestry consultants, accountants, lawyers, and State agency forest land managers.
Resources that are available on Forest Taxation website
- Tax Tips for the 2017 Tax Year
- Income Tax Deduction on Timber and Landscape Trees Loss from Casualty
- 2017 Farm Credit System Bank Interest Rate
- Federal Income Tax on Timber: A Quick Guide for Woodland Owners (October 2012 Edition)
- Timber REITs and Taxation (A Briefing of Key Issues)
- Timber REITs and Taxation (Technical Report)
- Timber Casualty Loss Tax Deduction
- Federal Income Tax and Conservation Easement Donations
- Forest Owners Guide to the Federal Income Tax
- National Timber Tax Website
- Loss Deductions for Timber Damaged or Destroyed by a Natural Disaster
- Estate Planning for Forest Landowners: What Will Become of Your Timberland
About Dr. Linda Wang
Dr. Linda Wang serves as a National Timber Tax Specialist with USDA Forest Service in Washington D.C. She is an author and speaker on federal income tax and estate tax planning relating to private woodlands. She has a Ph.D. in Forest Economics and a CPA certificate.
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