This webinar is the last of five in the “Forestry Taxes: Learn, Plan & Save Money Webinar Series.” Growing trees can be subject to forces beyond the owners’ control from weather catastrophes to timber theft and more. While forest landowners can’t plan for these unexpected events, they can learn more about the tax implications for casualty loss, non-casualty losses, timber theft, trespassing and more. Join this webinar for insights into best ways to cope with timber losses from nature and chance.

Many forest landowners pay more taxes on their timber than they should. Accountants can help to calculate taxes, but forest landowners need to understand how timber expenses should be reported, and how they are taxed. Saving money on timber taxes starts by keeping good records and knowing how tax rules will affect your bill. The Woodland Stewards Regional Extension Program for Landowners was developed by a collaborative team of forestry Extension professionals from eleven different organizations. This is the fourth year of the series and other webinars from the current and past series can be accessed on the Webinar Portal.