Pass-Through Tax Deduction Set to Expire in 2025

Pass-Through Tax Deduction Set to Expire in 2025

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...
FLA Supports Proposal to Include Timber Business and Forestland in IRS Guidance

No Claw Backs on Estate Gifting

IRS Confirms No “Claw Backs” on Estate Gifting After Current Policy Expires in 2025  The Treasury Department and the Internal Revenue Service issued final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts...