2008 landowner income tax tips
The United States Forest Service – Cooperative Forestry unit has released a 2-page document called Tax Tips for Forest Landowners for the 2008 Tax Year by Linda Wang, Forest Taxation Specialist and John L. Greene, Research Forester, Southern Research Station.
From the introduction: This bulletin summarizes key federal income tax provisions for forestland owners, foresters, loggers, forest product businesses, and tax practitioners. It is current as of October 1, 2008, and supersedes Management Bulletin R8-MB 130. Consult your tax and legal professionals for advice on your particular tax situation.
Be sure to check out numerous other resources from Cooperative Forestry’s Forest Taxation website.