Vermont Dept of Taxes
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….
Forestry Equipment Tax ExemptionOrganization:Vermont Department of Taxes | Date:June 1, 2019
Vermont Department of Taxes || June 2019 Tax and this year’s legislation The Vermont Department of Taxes has published the 2019 Legislative Highlights. There were many changes this year. Changes related to taxation in Vermont include: Purchase of controlling interest in real…
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…