Timber Tax Workshop

Timber Tax Workshop & MAEAP Phase I Event

February 29, 2020

1 pm – 3 pm

St. Ignace Public Library

110 W. Spruce Street

St. Ignace, MI

Mackinac County


 1:00        Federal tax provisions related to forest management and timber sale income

Forest Management Expense Deduction

Minimizing Timber Sale Income Tax

Capital Gains Treatment

Qualified Forest Property Act

Commercial Forest Act                         Susan Metcalf, Forestry Consultant

2:45        MAEAP

Keeping records of management actions

Importance of forest management plans                                           Dylan Parker & Jen Parks, CLMCD

3:00        Questions, Comments, Wrap up

3:15        Close