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Tax Treatment of Timber Damaged by Insects

Larry Gearhardt, Asst. Professor, OSU Extension

Much of Ohio’s forestland has been plagued by, first, the emerald ash borer, and more recently, the Asian longhorn beetle. Can you deduct the loss on your tax form when a major portion of your forest land is destroyed by these insects? You can if the timber or forest land is held to produce income. If the timber is held merely for personal use, the loss is not deductible. A tax deduction is available to owners who hold timber or forest land to produce income, as opposed to personal use.  

Legally Selling Your Baked Goods at a Farmer's Market

Catharine Daniels, Attorney, OSU Extension Agricultural & Resource Law Program

Soon, farmer’s markets all over Ohio will be full of vendors selling a variety of products--from fresh fruits and vegetables to home baked goods. For vendors selling  home baked goods, it can be tricky to understand the legal landscape at a farmer's market.  What laws apply?  What type of license is required?  What do you need to do to be in compliance with the law?

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