Christmas Tree & Timber Tax
Welcome! I’m Andrew Bosserman.
I help Christmas tree growers and forest landowners minimize taxes and maximize profits.
Recent Posts
Updated Tax Tips for Forest Landowners
Every year, the United States Forest Service, in conjunction with university extension professors, publish a tax tips sheet for forest landowners. I've had the honor and enjoyment of reviewing the publication for the past few years. This year's tax tips sheet was...
Brownfield Ag News Interview
I was interviewed yesterday by Brownfield Ag News after talking about The #1 Way Christmas Tree Growers Save Taxes to the Wisconsin Christmas Tree Producers Association at the 2024 Growing Wisconsin Conference. The interview goes over lots of good questions, including...
How to Save Taxes & Improve Cash Flow in 2024
Author's Note: This article first appeared in the Great Lakes Christmas Tree Journal. Summary Christmas tree growers should utilize bonus depreciation, 179 expense, and the De Minimus Safe Harbor Election when possible to improve cash flow. Also, tax law allows most...
Q&A – Depletion Blocks vs. Depletion (Timber) Accounts
The difference between depletion blocks and depletion accounts is often confused by forest landowners and Christmas tree growers. As a quick reminder, basis is the measure of an individual’s investment in an asset, or the amount of money that has already...
The Best Bookkeeping System for Christmas Tree Growers (Updated for 2023)
Overview The proper bookkeeping system can make a significant difference in a Christmas tree grower’s life. One comment I often hear from growers is “I just want to focus on farming, not bookkeeping.” (If this sounds like you, make sure to read all the way to...