Conservation Tax Center Law Library

23 Tax Guides articles were found for Misc Legal and Tax Articles

IRS Publication 334 - Tax Guide for Small Business
When preparing your 2012 tax returns for your small business review the following publication for information on new tax deductions, filing and paying business taxes, accounting periods and methods, dispositions of business property, general business credits, business income, how to figure cost of goods sold, figuring gross profit, business expenses, figuring net profit or loss, and the self-employment tax.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/IRS-Publication-334--Tax-Guide-for-Small-Business/833/

IRS Publication 225 - Farmers Tax Guide
You are in the business of farming if you cultivate, operate, or manage a farm for profit, either as owner or tenant. A farm includes livestock, dairy, poultry, fish, fruit, and truck farms.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/IRS-Publication-225--Farmers-Tax-Guide/835/

Federal Income Tax Reform and the Potential Effects on Farm Households
By: Ron Durst, James Williamson
The Federal tax code has long been used further various economic and social policy objectives. While special tax provisions have resulted in reduced income tax liabilities for many taxpayers, they have added complexity and raised questions regarding the efficiency and fairness of the current income tax code. Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Federal-Income-Tax-Reform-and-the-Potential-Effects-on-Farm-Households/819/

Tax Tips for Forest Landowners for the 2013 Tax Year
By: Linda Wang, John Greene
This annual bulletin provides federal income tax reporting tips to assist forest landowners and their advisors in filing their 2013 income tax returns.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Tax-Tips-for-Forest-Landowners-for-the-2013-Tax-Year/1521/

Forest Landowners' Guide to the Federal Income Tax
By: USDA Forest Service
This guide introduces tax planning and basic tax considerations and explains the Federal income tax as it pertains to timber and forest land, including basis and capital accounts, reforestation tax incentives, depreciation and the Internal Revenue Code section 179 deduction, operating expenses and carrying charges, the passive loss rules, sale or disposal of timber, Government cost sharing programs, other timber-related receipts, and information returns.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Forest-Landowners-Guide-to-the-Federal-Income-Tax/856/

Frequently Asked Questions about Timber Casualty Losses
By: Mississippi State University Extension Service
Casualty and noncasualty businesses losses can be tax deductable and used to offset other kinds of income. Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Frequently-Asked-Questions-about-Timber-Casualty-Losses/1162/

Can I Deduct Forest Management Costs on My Income Taxes?
By: Karen Potter-Witter
Landowners may have a variety of costs in managing their woodlots and forests for timber. One category of costs can be labeled management costs and includes what accountants refer to as operating expenses and carrying charges.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Can-I-Deduct-Forest-Management-Costs-on-My-Income-Taxes/544/

Tax Credits Foster Preservation for Ranches
By: Pat Hill
This article by Pat Hill, originally published Aug. 25, 2010 in the Pikes Peak Courier View tells the story of three ranches saved by Colorado's innovative conservation tax credit code.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Tax-Credits-Foster-Preservation-for-Ranches/159/

Wildlife Management Tax Valuation Webinar
By: Craig Bowen
Plateau Land and Wildlife Management recorded a webinar video on Wildlife Management Valuation (or the Wildlife Exemption) Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Wildlife-Management-Tax-Valuation-Webinar/852/

State Real Estate Transfer Taxes
By: National Association of Realtors
This chart outlines the real estate transfer taxes by state. Not every state applies a tax when real estate is transferred, but some require that an ad valorem tax be paid on the transfer of title of real property.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/State-Real-Estate-Transfer-Taxes/989/

Tax Tips for Agricultural Industry in California
By: California State Board of Equalization
This pamphlet is designed to help retailers and their customers understand California’s Sales and Use Tax Law and Regulations as they apply to the sale and purchase of agriculture-related supplies, equipment, machinery, and diesel fuel.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Tax-Tips-for-Agricultural-Industry-in-California/1317/

Louisiana Property Tax Basics
By: Conrad T. Comeaux
The material contained herein is designed to provide readers with a basic understanding of the processes used in the application of property taxes in Louisiana.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Louisiana-Property-Tax-Basics/1192/

Wisconsin Agriculture Tax Credit
By: Wisconsin Department of Revenue
This fact sheet provides a general overview of the Wisconsin manufacturing and agriculture credit. This credit was formerly known as the qualified production activities credit.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Wisconsin-Agriculture-Tax-Credit/1250/

Federal Income Tax on Timber - A Quick Guide for Forest Owners
By: USDA Forest Service
This publication provides a quick reference on timber tax laws that are important to woodland owners. It presents concise and easy-to-understand explanations of issues related to woodland owners.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Federal-Income-Tax-on-Timber--A-Quick-Guide-for-Forest-Owners/1680/

Timber REITs and Taxation
By: Linda Wang
A real estate investment trust (REIT) is a special tax entity investing in real estate (such as shopping malls, apartments, and timberland). A timber REIT specializes in timber property investment.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Timber-REITs-and-Taxation/1681/

Tax Implications of Selected Drought Management Strategies
By: Alan Schroeder;Cole Ehmke
During the most recent period of drought, livestock producers in Wyoming adopted several management strategies with income tax implications.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Tax-Implications-of-Selected-Drought-Management-Strategies/1699/

Iowa Beginning Farmer Tax Credits and Loan Programs
By: Steve Ferguson
Obtaining enough capital to pursue a career in production agriculture can be challenging. The Iowa Ag Development Division (IADD), formerly Iowa Ag Development Authority (IADA), is a division of the Iowa Finance Authority that may be able to help.Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Iowa-Beginning-Farmer-Tax-Credits-and-Loan-Programs/1700/

Bundle Of Rights Approach To Value
By: Gerald R. Barber
The bundle of rights theory maintains that ownership of a parcel of real estate may embrace a great many rights, such as the right to its occupancy and use; the right to sell it in whole or in part; the right to bequeath; the right to transfer by contract for specified periods of time, the benefits to be derived by occupancy and use of the real estate. Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Bundle-Of-Rights-Approach-To-Value/117/

Federal Reforestation Deduction and Amortization
Qualified reforestation expenditures (or afforestation in the case of planting or seeding nonforested land) paid or incurred in a tax year to a maximum of $10,000 per qualified timber property (QTP) can be immediately deducted by all taxpayers, except trusts. Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Federal-Reforestation-Deduction-and-Amortization/2544/

Best IRA Accounts of 2015
By: Mike Jelinek
Which is Best? Roth vs Traditional IRA. Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Best-IRA-Accounts-of-2015/2859/

Understanding Mississippi Property Taxes
By: Mississippi State University Extension
Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Understanding-Mississippi-Property-Taxes/2901/

Property Tax Bulletin No. 20 - Farmland Tax Law
By: Maine Revenue Services, Property Tax Division
The Farm and Open Space Tax Law provides for the valuation of land that has been classified as farmland based on its current use as farmland, rather than its potential fair market value for uses other than agricultural. Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/Property-Tax-Bulletin-No-20--Farmland-Tax-Law/2928/

How Agricultural Property is Valued
By: Colorado Assessors Association, Colorado Association of Tax Appraisers and Colorado Division of Property Taxation, Department of Local Affairs
The actual value of agricultural lands shall be determined by consideration of the earning or productive capacity of the land over a reasonable time period, rather than their potential value if developed. Read More »
https://www.landcan.org/ctc-article/Misc-Legal-and-Tax-Articles/Tax-Guides/How-Agricultural-Property-is-Valued/3030/

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23 Tax Guides articles were found for Misc Legal and Tax Articles