The LSU AgCenter will host an interactive timber tax workshop on Jan. 25 at several locations around the state.

“The workshop is designed to educate forest landowners, foresters, tax preparers and others on the many special issues of timber taxes” said Brian Chandler, LSU AgCenter area forester.

Topics include key concepts of timber taxes; establishing capital accounts; basis and record keeping; timber losses; capital gains; deduction of forestry expenses; reforestation tax incentives and reporting cost share payments.

The speakers will be U.S. Department of Agriculture Forest Service timber tax experts Linda Wang and John Greene.

Participants will receive a workbook with presentation materials, example worksheets, sample federal forms and other readings. They also will receive a copy of “Forest Landowners Guide to the Federal Income Tax,” the 150-page timber tax handbook.

A registration fee to cover the costs of the handouts, refreshments and lunch is $40 for individuals and $60 per couple. The registration deadline is Jan. 17. After that date, there will be an additional $15 charge.

The workshop is from 8:30 a.m. to 3 p.m. and will be broadcast to the following locations around the state:

—Red River Research Station, 262 Research Station Dr., Bossier City, contact Ricky Kilpatrick at 318-965-2326.

—Calhoun Research Station, 321 Hwy 80 East, Calhoun, contact Steve Hotard at 318-323-2251.

—Rapides Parish Extension Service Office, 300 Grady Britt Dr., Alexandria, contact Robbie Hutchins at 318-767-3968.

—Calcasieu Extension Office, 7101 Gulf Highway, Lake Charles, contact Keith Hawkins at 337-463-7006.

—Hammond Research Station, 21549 Old Covington Hwy., Hammond, contact Mark Waller at 985-748-8655.

—Efferson Hall, LSU Campus, Baton Rouge, contact Brian Chandler at 225-683-3101.

Johnny Morgan