Tax Certification for Foresters

Landowners have many questions about the impacts of federal income taxation on their forest operations. As a practicing forester you don't need to know how to file their income taxes but you could be a great source of information. Just imagine the landowner who is trying to decide whether or not to go through with reforestation. As they are trying to decide you throw out there that there are tax incentives to encourage reforestation. "Tell me more" says the landowner. After this course, you will know about the federal tax incentive and more! Maybe it is the landowner who has questions about the tax consequences of a timber sale. We'll discuss that as well. Again, not so you can prepare their return (there are accountants for that) but rather so that you can assist them. Not all accountants know how the tax law impacts forestry. 

  • What: A tax course designed for foresters to cover the basics of income taxation related to forestry. The course will be taught online using Adobe Connect
  • When: Wednesdays, April 17, 24, May 1 and May 8.  12:00 - 1:00 Eastern
  • Cost: $40 for the four sessions
  • Registration: http://taxcertification.eventbrite.com

What do I get for $40? Well, glad you asked. Approval is being sought for 4 hours of CFE. In addition, graduates will receive priority listing on timbertax.com and findaforester.com

Content will include:

  • Income tax basics
  • Capital gain treatment
  • Treatment of cost share
  • Reforestation Incentive
  • Basis allocation

All this will be covered in a manner that is comfortable for non-tax professionals because it is not designed for accountants. Dr. Tamara Cushing, Assistant Professor and Extension Forestry Specialist at Clemson University will be the instructor for this course.

This is a joint project between Clemson Unversity Extension Forestry & Natural Resources and National Woodland Owners Association.