Timber Tax Workshop

Timber and Taxes Workshop

Tuesday, January 14th, 2020
5:00-7:00 pm
Manistee County Transportation/Dial A Ride
180 Memorial Drive
Manistee, MI 49660

This 2-hour workshop, presented by Susan Metcalfe of Metcalfe Forestry Co. & Burns Timber Tax Service, is designed for forest landowners, foresters, loggers and tax preparers. If you have bought or sold timber within the past 3 years, or plan to harvest timber, then this is a must-attend event. The workshop will cover a range of topics involving your potential taxes on the money earned the buying or selling of timber, how to keep more $$ in your pocket and pay less in tax. It will also cover common myths in the forestry and accounting communities, and explain the capital gains treatment of the purchase and sale of timber. Included will be a discussion about the Michigan Commercial Forest Act and the Qualified Forest Program, two-property tax programs that provide substantial tax benefits to landowners practicing wise forest management.

There is no cost for attending this workshop. Snacks will be provided free of charge. A suggested minimum donation of $10/person is requested at the door to help cover the speaker’s fee and snacks. We have applied for the Michigan Society of American Foresters continuing education credit, as well as Michigan Agriculture Environmental Assurance Program Phase 1 credit.

REGISTRATION DEADLINE IS WEDNESDAY, JANUARY 8th, 2020. For more information or to register, contact Josh Shields, Forestry Assistance Program (FAP) Forester with the Manistee and Mason-Lake Conservation Districts, at 231-889-9666 or joshua.shields@macd.org.