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Commonly Asked Questions about Forestry Legal Documents

The New York Forest Tax Law Program (commonly called 480-a after the section of the tax code relating to it) is a property tax reduction program. Participation is voluntary, and you must own at least 50 acres of woods in adjoining properties in New York to be eligible.
Under New Yorks homestead protection law, the amount property owners may declare exempt varies based on county location and range from $75,000 to $150,000.
Any assessed valuation of the eligible land in excess of its agricultural assessment is exempt from taxation. To qualify, the owner must annually submit an application verifying that the land is located within an established agricultural district and that it satisfies the property use requirements.
Forest management is beneficial to both the forest land and its owner. If you own at least 50 contiguous acres of forest land, and are willing to follow one of our custom DEC-authorized forest management plans, you can save money annually via tax exemption due to a law called 480-a Forest Tax Law.
Businesses can apply for certificates that exempt them from paying sales tax on certain items. These certificates are issued by the New York State Department of Taxation and Finance (DTF). Businesses complete the certificate, and provide it to the vendor. The vendor keeps the certificate and makes a sale without tax.