Forestry is a long-term investment, and careful planning is necessary to maximize the financial returns. Federal income taxes deeply affect your investment at two critical junctions: tree planting and timber harvesting. Reforestation Tax Deduction: Beginning in 2004, landowners are allowed to directly deduct the first 10,000 dollar of reforestation expenses each year. This deduction applies to both tree planting and natural regeneration.
展开▼