REVISED: 2014 Tax Tips Bulletin
Linda Wang, National Timber Tax Specialist with the U.S. Forest Service, has revised Tax Tips for Forest Landowners for the 2014 Tax Year. The revisions reflect changes in law as of December 2014.
This publication reviews the major Federal income tax laws to help you file your 2014 income tax return. Although tax laws on timber transactions are not common knowledge, they are an important part of the ongoing cost of owning and managing timber, engaging in forest stewardship activities, and complying with tax law.
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