Helping Forestland Owners Navigate the Tax Code

摘要

Since Congress overhauled the federal tax code in December 2017, forest landowners and timber business owners have scrambled to figure out how the new changes will affect them in 2018.Fortunately, USDA Forest Service Forest Taxation and Estate Planning Program is here to help private forest landowners, foresters, loggers, and timber businesses navigate the new rules.Growing and maintaining timber is a long-term investment. Because trees can take many years to mature, forests are managed over several decades. A landowner who plants seedlings in 2018 may not see a return on that investment until decades later, assuming no trees are lost to forest fire, insect infestation, hurricane, or other natural disaster.