Yes, you read the title correctly...you can save taxes by employing your children to work on your Christmas tree farm! You can also use this...
Saving Taxes
2021 NCCTA Summer Meeting Presentation Download
Want a copy of the slides I presented at the 2021 North Carolina Christmas Tree Association Summer Meeting on August 6th? Download the slides below!...
What Everyone Should Know About the Estate Tax
Most of my articles focus on how Christmas tree growers and forest landowners can save income taxes. Income taxes usually offer the best opportunity...
How to Save Taxes With Reforestation Expenditures – Back to Basis (Part 3)
The Qualified Reforestation Expenditures deduction is one of the best ways forest landowners can lower their taxes. This deduction permits a...
Q&A: Deducting the Cost of Forest Roads
A question I frequently receive from forest landowners is: can I deduct the cost of forest roads on my tax return? Generally, a forest landowner may...
Keep More Christmas Tree Profits by Utilizing the Capital Gain Method
Reporting Christmas tree sales using the capital gain method is the best way for most Christmas tree growers to keep more of their profits by...