Vermont Dept of Taxes
Use Value Appraisal: Interpretation of the “20% Rules” for Open Idle/Ag land, Site IV lands, and Ecologically Significant Treatment Areas (ESTA)
Use Value Appraisal: Interpretation of the “20% Rules” for Open Idle/Ag land, Site IV lands, and Ecologically Significant Treatment Areas (ESTA) Approved by Commissioner Snyder October 23, 2019 Background: In all cases, parcels enrolled in the Forestry Program of Use Value Appraisal…
New Cap on Capital Gains ExclusionAuthor:VT Department of Taxes | | Date:June 27, 2019
New cap on capital gains exclusion The existing 40% exclusion for capital gains will be capped at $350,000 under Act 71, Sec. 1, effective July 1, 2019. This means that any gain above $875,000 will be taxed at standard income tax rates….
Federal Tax Tips 2018 Tax YearAuthor:Dr. Linda Wang | Organization:U.S. Forest Service Timber Tax Specialist | Date:January 1, 2018
From National Woodlands Association, Winter 2017 Issue Tax Reform Issues for Forest Landowners and the Forest Products Industry Taxes have been consistently listed as one of the top concerns for the nation’s 10+ million individual and family private forest owners. Ultimately, taxes…