December 6, 2016
by Dr. Linda Wang, National Timber Tax Specialist, U.S. Forest Service
This report provides up-to-date federal income tax information affecting timber transactions. It assists woodland owners, logging professionals, foresters and their tax accountants in filing the 2016 tax returns. The information presented here is for educational purpose only and is not intended for legal or accounting advice. It is current as of September 30, 2016.