by Christmas Tree Tax Team | Jul 15, 2022 | Christmas Tree Tax Resources, Live Presentations, Saving Taxes
Want a summary of the talks I gave at the CTFANY Summer Meeting on July 15 & 16, 2022? Download the summaries below! CTFANY – Pricing Christmas Trees to Maximize ProfitsDownload CTFANY – #1 Way Christmas Tree Growers Save TaxesDownload CTFANY –...
by Christmas Tree Tax Team | Jun 30, 2022 | Christmas Tree Tax Resources
Time flies when you’re having fun! I’ve been posting articles to this site for over two years now and have accumulated a decent amount of resources for Christmas tree growers. This article will link to some of my most helpful articles for new growers or...
by Christmas Tree Tax Team | Jun 15, 2022 | Q & A, Saving Taxes, Timber Tax Resources
My last article analyzed the factors that affect how much money a Christmas tree grower can save by making a capital gain election. I often receive similar questions from forest landowners about how much money they can save on timber sales by qualifying for capital...
by Christmas Tree Tax Team | Jun 1, 2022 | Christmas Tree Tax Resources, Q & A, Saving Taxes
One question I receive frequently from Christmas tree growers is how much money can I save by switching to the capital gain method? A previous article analyzed how the average Christmas tree grower would save approximately $27,000 a year by switching to the...
by Christmas Tree Tax Team | Apr 13, 2022 | Christmas Tree Tax Resources, Q & A
This article discusses the application of IRC § 631 to Christmas tree farms. If you are a forest landowner, read this article about the application of § 631 to timber. I recently received a great question from a reader: I have read lots of information on the capital...