Forest Products

Deep Roots

Forest products companies were our first clients a century ago, and today we serve more than 150 companies in the forest products industry throughout the United States. Our clients represent all aspects of the industry, from timber growing to fully integrated primary and secondary manufacturing.

Focused on Forest Products

Our dedicated Forest Products Practice can help you not only anticipate operational, financial, and industry issues that affect your business but also develop the necessary strategies to capitalize on new opportunities that lead to growth and improved profitability.

Ultimately, our goal is to help you stay ahead of the market.

We also understand the importance of personal connection, and we believe every client deserves individual attention from experienced professionals. As a result, key to our service is a high degree of involvement from our partners and senior managers.

We take a holistic view of our clients’ needs, seeking strategies to reduce corporate and individual income taxes while building a proper foundation for ownership changes. Instead of merely identifying problems, we help you consider your future and develop forward-thinking strategies to achieve your goals.

Specialized Services

In addition to audit and tax services, our team has specialized experience serving the industry, including:

Timberland

We have a deep understanding of the tax advantages inherent in timberland ownership:

  • Sections 631(a) and (b) of the Internal Revenue Code
  • Timber depletion
  • Nontaxable exchanges
  • Casualty losses
  • Conservation easements
  • Involuntary conversions
  • Reforestation incentives
  • Carbon credit tax advantages

Our expertise also extends to accounting, audit and tax issues unique to timberland investors, such as:

  • Entity selection
  • Partnership tax issues
  • Integration of timberland ownership with not-for-profit ownership
  • Timber REITs

Manufacturing

Our manufacturing base includes clients throughout the industry that directly or indirectly produce wood products, add value to existing products, provide services to the industry, or sell products for the industry, such as:

  • Sawmills 
  • Plywood facilities
  • Pulp and paper
  • Whole log chippers
  • Heating facilities
  • Biofuel facilities

We have assisted clients with:

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Insights


Article
Depletion methods are an effective tool to defer taxes and increase cash flow for timber companies that have recently purchased timberland, plan to make investments in timberland ownership, or have timberland holdings that produce taxable income.

Article
Wildfires across the West have been devastating this year. While there’s always loss, it doesn’t have to be 100 percent loss and may in fact result in tax savings with IRC Sections 165 (casualty loss) and 1033 (involuntary conversion).

Article
Companies in agribusiness are often family-owned, which means their buy-sell agreements, life insurance policies, and estate and succession plans need to be in sync to work smoothly and effectively.

National Practice Leader

Industry Professionals