Timber Taxation for Foresters

WHAT IS TIMBER TAXATION FOR FORESTERS?

The greatest burden a landowner faces is taxation. As a forester, you have the ability to assist landowners in management strategies to ease that burden. By educating yourself on taxation strategies, you can advise your landowner so that he or she is better prepared to enter into discussions during tax season with their tax professional. And earn CFEs at the same time!

TIMBER TAXATION, authored by renowned timber taxation specialist, Dr. Harry L. Haney, Jr. and co-presented by Dr. Tamara Cushing, is available on DVD through the Clemson University Department of Forestry and Natural Resources for only $89.00. This4-DVD set also includes copies of the slides used in the presentation and the course notes for Timber and the Federal Income Tax. TIMBER TAXATION carries 8.0 hours – Category 1 Continuing Forestry Education (CFE) credits. Upon completion of reviewing the DVDs and written materials, you will be required to pass an online, open book test before being awarded the CFE credits.

To order your copy of TIMBER TAXATION, visit the Clemson University Department of Forestry and Natural Resources Continuing Education website at www.clemson.edu/fnrce or contact Susan Guynn at (864) 656-0606 or via email at sguynn@clemson.edu.

ORDERING INFORMATION:

To register online click here. You may also order over the phone by contacting Susan Guynn at 864-656-0606.

TOPICS:

Disc 1
    Introduction                       
    Chapter 1    Federal Income Tax Process

Disc 2
    Chapter 2    Capital Expenditures
    Chapter 3    Capital Expenditure Recovery
    Chapter 4    Forestry Operating, Management and Protection Expenses

Disc 3
    Chapter 4    Forestry Operating, Management and Protection Expenses – CONTINUED
                                (Begins with Passive Activity Loss Rules)
    Chapter 5    Timber Sale Income
    Chapter 6    Forestry Cost-share Payments
    Chapter 7    Income Leveling Strategies
    Chapter 8    Forms of Ownership
    Chapter 9    Like-Kind Exchanges
    Chapter 10  Casualty Losses and Involuntary Conversions

Disc 4
    Chapter 11    Christmas Trees
    Chapter 12    Tax Implications of Employment Status
    Chapter 13    Timber Aspects of Social Security Tax
    Chapter 14    Tax Effects on Investment Returns
    Chapter 15    State Income Taxes
    Chapter 16    Court Decisions and IRS Rulings