Wednesday, October 26, 2011

Penn State Extension Offers Timber Taxation and Finance Course

Financial advisors, such as attorneys, accountants, financial planners, foresters, tax preparers, and small business owners encounter many questions concerning the taxation and planning for forestry operations. This one-day course focuses on those very issues and is designed to help your clients maximize their individual goals. Interested forest landowners are also invited to attend.

The course is being provided at the Clinton County Resource and Education Center in Mill Hall, Pennsylvania on Thursday, November 10 from 8:00 A.M.–4:00 P.M.

Topics to be covered include:
•Forest valuation and appraisal •Cost basis •Passive losses •Operating and management expenses •Capital gains on timber sales •Depreciation methods •Cost sharing expenses •Reforestation expenses •Casualty loss •Conservation easements •Estate planning •Pennsylvania inheritance taxes

The full day course offers 8 hours of continuing education credits for: Pennsylvania State Board of Accountancy, CLE Credits for Attorneys, and CFE Credits for Professional Foresters.

Register online here.

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