Timber Taxation Workshop

8:30 a.m. Registration
8:50 Welcome—Dr. Yanshu Li
9:00 Introduction of the major timber taxes and implications
10:00 Break
10:25 Federal income tax
                        Setting up timber accounts and allocating timber basis
                        Forest management expenses
                        Reforestation expenses
Noon Lunch (Included)
1:00 p.m. Federal income tax (cont.)
                        Tax treatment of cost-share payments
                        Income tax consideration during timber sale
                        Depreciations
2:30 Break
2:45                  Casualty loss deductions
                         Strategies to smooth income and like-kind exchanges
        Forest property tax in Georgia 
        The 2017 tax reform bill and forest landowners
5:00