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 | May 14, 2022 | Saving Taxes, Timber Tax Resources
A 1031 exchange (also known as a “like-kind exchange”) allows a forest landowner to save taxes by exchanging timberland (or possibly timber) the landowner currently owns for other real property. Forest landowners who own appreciated timber or timberland are prime...
by Christmas Tree Tax Team | Feb 19, 2022 | Christmas Tree Tax Resources, Live Presentations, Saving Taxes
Want a copy of the slides I presented at the 2022 PickTN Conference on February 19th? Download the slides below! PickTN Profitability PresentationDownload PickTN Top 5 PresentationDownload Are you subscribed to my email newsletter? If not, sign up...
by Christmas Tree Tax Team | Jan 22, 2022 | Christmas Tree Tax Resources, Live Presentations, Saving Taxes
Want a copy of the slides I presented at the 2022 Wisconsin Christmas Tree Producers Association Winter Convention on January 22nd? Download the slides below! 2022 WCTPA Winter Convention PresentationDownload Are you subscribed to my email newsletter? If not, sign up...