Senator Cassidy Presses Treasury Secretary on Timber Tax Fix, Advancing Disaster Reforestation Act
At a recent Senate Finance Committee hearing, U.S. Senator Bill Cassidy (R-LA) once again championed the needs of private forest landowners by highlighting a longstanding issue: landowners impacted by natural disasters are often unable to deduct the true value of their destroyed timber. This tax inequity places a heavy burden on family forestry businesses working…