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Full-Text Articles in Life Sciences
Pb1693 Sawing Logs For Quartersawn Lumber, The University Of Tennessee Agricultural Extension Service
Pb1693 Sawing Logs For Quartersawn Lumber, The University Of Tennessee Agricultural Extension Service
Forestry, Trees, and Timber
Hardwood lumber producers are constantly looking for ways to increase the value of their products. One way to increase lumber value is to saw logs using a method that will produce quartersawn lumber where growth rings appear parallel to one another on the wide face of the board. Quartersawn lumber is more valuable than lumber sawn using other methods and is very desirable for applications such as furniture and cabinet making. This publication describes quartersawn lumber, explains how it differs from lumber with other grain patterns and details several methods for producing quartersawn lumber on either a sawmill with a …
Setting Up The Books: A Forest Owner's Guide To Capital Accounts And Record-Keeping For Federal Income, The University Of Tennessee Agricultural Extension Service
Setting Up The Books: A Forest Owner's Guide To Capital Accounts And Record-Keeping For Federal Income, The University Of Tennessee Agricultural Extension Service
Financial Management
Forest owners have a number of federal income tax incentives available to them. Growing timber can 2 be an income-producing activity, with the trees being considered a capital asset. Income from sales or other disposition of capital assets is then taxed at capital gains rates, as opposed to ordinary income tax rates. Investments in timber can be recovered through depletion deductions and reforestation expenses, qualifying for a tax credit. These provisions and others in the tax code encourage timber production, which is generally considered to be good for both the ecology and the economy. This publication will assist you …