Timber Income Tax

July 28, 2003

Tuscaloosa, AL  -  Bryant Conference Center

 


Sponsored by PRÉCEDA Education & Training


 

How can landowners pay less tax and keep more of their timber sale income?  How do taxes impact anticipated returns from forest land investments?  Do you know how to advise landowners you work with?  Find out……

 

Purpose:

Timber Tax is designed to provide you with the most current information on the Internal Revenue Code’s treatment of revenue from timber sales and expenses incurred by timber management activities.  Discussions will include recent court decisions, IRS regulations, and administrative rulings that apply to timberland ownership and investments.  Tax strategies for selling timber will also be examined.

 

Designed for:

Forest landowners, forest land managers, consulting foresters, service foresters, accountants, attorneys, and others who work with forest owners in matters pertaining to timber tax management.

 

For CPAs:

            Field of Study: Taxation

            Program Level: Basic to Advanced

            No prerequisites; No advanced preparation required

 

What You’ll Learn:

·         Record keeping required for capital expenditures, as well as, ongoing management activities.

·         Different tax strategies for selling timber.

·         The impacts of taxes before you reinvest.

·         How cost-share payments are treated.

·         Tax implications of different forms of ownership.

·         Timber Provisions of the 2003 Tax Act

 

Continuing Education Credit:

This course has been approved for 7 hours of CFE Category 1 Credit.

 

Registration:

Early registration fee for this workshop is $195 and includes an annotated set of teaching notes, refreshment breaks, and Lunch. (After June 27, the registration fee increases to $235).

 

Cancellation Policy:

In order to receive a full refund of registration fees, cancellation must be made at least 10 days prior to the short course.  Substitution of personnel is recommended in lieu of cancellation.  If cancellation becomes necessary, please call (334) 514-3000

 

Our  Promise to You:

            PRÉCEDA Education & Training is committed to excellence.  If, for any reason, you are not completely satisfied with this program, we’ll refund your registration fee…that’s our promise!  In addition to Short Courses and Workshops, PRÉCEDA Education  & Training offers assistance in developing and delivering programs specifically to meet your organization’s continuing education needs in a cost-effective manner. For more information, please call (334) 514-3000

 

For more information, call (334) 514-3000

or check out our Web-site at www.preceda.com

 

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