“THE LEGAL RIGHT OF A TAXPAYER TO DECREASE THE AMOUNT OF WHAT OTHERWISE WOULD BE  HIS TAXES, OR ALTOGETHER AVOID THEM, BY MEANS WHICH THE LAW PERMITS CANNOT BE DOUBTED.”

US Supreme Court Decision, Gregory vs Helvering, March 19, 1934

As a Christmas Tree or Timber grower the most important tax question your tax preparer should be able to answer is: 

Do you understand the Internal Revenue Code Section 631(a) and its tax benefits for me?

Tree growers have a unique opportunity to reap the benefits of the Capital Gains tax rates while reducing self-employment taxes at the same time.  We enjoy the opportunity to work with many tree growers that vary in size from the small choose and cut operations to the some of the largest wholesale providers in the nation. As a result, we know your business.

Spectrum CPA Group has advised many tree growers on income taxation and has consulted with local and national legislative groups working on behalf of tree growers. We fully understand the tax implications of IRC Section 631(a) and can help you determine the benefits it brings to tree growers.

Whether the grower prepares his own return or has his return professionally prepared by a tax consultant, public accountant, CPA or the IRS, errors are made that cost tree growers thousands of dollars.

In addition, it is apparent that IRS agents have assessed and collected thousands of tax dollars from tree growers when no tax was due,  Many of these assessments were “honest” errors resulting from  a lack of understanding of the basic fundamentals of IRS Sections 631(a) and 631(b).

Let us help you uncover the tax benefits provided in the existing tax laws.