Your State and Local Taxes

How land is taxed locally 

Federal taxes and tax benefits figure prominently for many woodland owners – after all, they can be pretty substantial. But state and local taxes can also represent a significant chunk of change, and understanding them can help you better prepare for the expenses associated with your land and its resources.

Whether and how state income taxes and property taxes are levied varies from place to place and state to state. We’ll give you an overview of this patchwork system and how it works.

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