FOR IMMEDIATE RELEASE June 29, 2021 Bipartisan Tax Legislation Introduced to Help Forest Landowners Recover After Natural Disasters WASHINGTON, DC –The Forest Landowners Association (FLA) applauds the introduction of bi-partisan H.R. 4210: The Disaster Reforestation Act, sponsored by Rep. Terri Sewell (D-AL-07) and Buddy Carter (R-GA-01), which allows family and private timber growers to recover…
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.11.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″] On May 28, the U.S. Treasury Department released the Green Book, which outlines specific tax provisions the Biden Administration seeks to enact this year. In addition to raising taxes, proposals call…
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]WASHINGTON, D.C. – American timber farmers’ concerns about recovering and replanting their forests after natural disasters were presented to the U.S. Senate Committee on Finance last week during an open executive session on the “Clean Energy for America…
In conjunction with President Biden’s first 100 days in office, FLA hosted a “First 100 Days” webinar series to keep our members informed on the executive, congressional, and regulatory actions that impact private forest ownership and management. Each monthly installment in the series served to update our members on the topics they care about most:…
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] As America celebrates Earth Day and Congress looks to trees as a solution to climate change, we are urging lawmakers to revise a provision in the IRS tax code on timber losses caused by natural disasters. The…
[et_pb_section fb_built=”1″ _builder_version=”4.5.5″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.5.5″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] From Main Street to the Forests, Tax Certainty is Essential FLA is urging Congress to make permanent the Section 199A 20-percent deduction for pass-through businesses permanent by passing the Main Street Tax Certainty Act. For forestry businesses setup as pass-through…