My previous articles have emphasized that the most effective way for a Christmas tree grower to save taxes is by making a capital gain election...
Saving Taxes
Timber Cost Basis – Timber Tax Basics (Part 2)
This is the second post in a series covering timber tax basics. Part 1 discussed timber activity classification and how classification affects...
What the Coronavirus Stimulus Act Means for Christmas Tree Growers
On Friday, March 27, the House and Senate agreed on a stimulus package to mitigate the impact of the COVID-19 pandemic. President Trump is expected...
IRS Extends Tax Deadline to July 15 – 3 Additional Months to Save Thousands
The IRS announced yesterday that the deadline for filing and paying 2019 taxes is extended to July 15, 2020 due to the COVID-19 pandemic. The...
How to Save Thousands on Taxes as a Christmas Tree Grower
Want to watch a video of me explaining the concepts in this article? Check out my FREE course, The #1 Way Christmas Tree Growers Save Taxes! As a...