Jan. 22, 2013 — DIBOLL, Texas — With uncertainty looming over the economy
and the tax code, forest landowners must stay abreast of new and changing
regulations to ensure they’re not paying more than their fair share when tax
time rolls around.
And they can do just that at the 2013 Texas Timber Income
and Property Tax Workshop scheduled for next month in East Texas.
Hosted annually by the Texas A&M Forest Service, the
all-day tax workshop is designed to give landowners — as well as the
professionals that prepare their taxes — a leg up when it comes to forest
management planning.
“Tax laws aren’t exactly known for their simplicity — and
the section devoted to forestry is no different. Sometimes even professionals
aren’t well-versed in the laws,” said Chris Edgar, a Forest Resource Analyst
for Texas A&M Forest Service.
“That’s where our workshop comes in. We’ll help you learn
the basics about timber tax and make sure you’re aware of changes that have
been made to the laws that affect you.”
The workshop is scheduled for Tuesday, Feb.
12 from 8:30 a.m. to 5 p.m. at the Lottie and Arthur Temple Civic Center, 601
Dennis St., Diboll, Texas. Registration is $70 and includes a workbook,
lunch and refreshments.
Topics will focus on federal timber income tax issues for
private forest landowners with a refresher on local timberland property tax
incentives. Landowners also will learn how to recoup losses from drought,
wildfire and other disasters.
The workshop is designed for forest landowners,
consulting foresters, accountants and attorneys, as well as anyone who works
with forest landowners in matters relating to timber taxes.
For more information or to register, go to http://tfsweb.tamu.edu/timbertaxworkshop.
Or, contact Dawn Ferguson at 979-458-6630 or dferguson@tfs.tamu.edu.
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Texas A&M
Forest Service Contacts
Chris Edgar, Forest Resource Analyst
979-458-6659, cedgar@tfs.tamu.edu
Holly Huffman, Communications Specialist
979-458-6605, hhuffman@tfs.tamu.edu