by Christmas Tree Tax Team | Feb 19, 2024 | Live Presentations, Timber Tax Resources
I was interviewed last week by the Alabama Forest Owners’ Association as part of their Capital Ideas – Live! podcast. In the short interview, I discuss why many forest landowners find taxes confusing, as well as common tax mistakes forest landowners make....
by Christmas Tree Tax Team | Feb 2, 2024 | Christmas Tree Tax Resources, Saving Taxes
With the tax filing deadline for business tax returns (partnerships & S corporations) a little more than a month away (March 15th) and individual income tax returns a little more than two months away (April 15th), below are some helpful tax season resources for...
by Christmas Tree Tax Team | Jan 28, 2024 | Timber Tax Resources
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...
by Christmas Tree Tax Team | Jan 23, 2024 | Christmas Tree Tax Resources, Live Presentations, Saving Taxes
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...
by Christmas Tree Tax Team | Jan 3, 2024 | Christmas Tree Tax Resources
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...