Really valuable tax information for woodlot owners available as a free PDF download below. Here's a sample of the information:
"This bulletin summarizes federal income tax information useful to woodland owners in preparing their 2009 tax returns. It is current as of October 1, 2009, and supersedes Management Bulletin R8-MB 132. It should not be construed as legal or accounting advice; consult your legal and tax professionals for advice on your particular tax situation."
http://www.maine.gov/doc/mfs/pubs/pdf/tax_tips_2009.pdf