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Tax Tips for Forest Landowners for the Year 2006 Released

Linda Wang and John Greene with the USDA Forest Service have just released this 2-page bullentin for your use in programming. This bulletin summarizes key federal income tax provisions related to owning and managing forest land. It is current as of December 1, 2006, and supercedes Management Bulletin R8-MB 126. But it is only an introduction. Consult the references for more complete information on the topics, and consult your tax and legal advisers for advice on your particular tax situation.