West Virginia Forestry Association

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Wall Street Journal on Forest Pests and Pathogens

 

Top Timber Tax Issues

This bulletin summarizes federal income tax information useful to Individual Timber Owners, REITs and the paper Industry.  It should not be construed as legal or accounting advice; consult you legal and tax professionals for advice on your particular tax situation.  Click here to download the complete bulletin.

This is a Headliner from the IRS that addresses the issuance of information returns, Forms 1099-S, for sales of standing timber. http://www.irs.gov/businesses/small/article/0,,id=214436,00.html

Severance Tax-

 

Click here for frequently asked questions regarding the Timber Severance Tax