Time Is Running Out on Incentives
Two major investment incentives are set to expire at the end of the year. These incentives offer tremendous opportunities for those in the market for horses, equipment or other farm [...]
H-2B VISA Update: New Wage Rule Delayed
President Obama signed into law earlier this month an appropriations package that contains language to further delay the effective date of the Department of Labor’s new wage rule for the [...]
Congress to Hold I-Gaming Hearings this Week
Congress has scheduled two hearings this week on the expansion of Internet poker and gaming. The first is to be held in front of the Senate Committee on Indian Affairs [...]
Major Investment Incentives Set to Expire
Two major investment incentives are set to expire in 2011. These incentives offer tremendous opportunities for those in the market for horses, equipment or other farm additions. 100% Bonus Depreciation – [...]
Investment Incentive in Place for Breeding Stock Sales
The Tax Relief Act authorizes a significant investment incentive for breeding stock buyers this year in the form of the $500,000 expense allowance. This incentive allows buyers to write off [...]
Legislation Introduced to Protect H-2B Worker Program
Congressman Rodney Alexander (R-LA) introduced H.R. 3162 to prevent the Department of Labor (DOL) from instituting two new rules for the H-2B Visa program for seasonal workers that could have a severe [...]
Investment Incentives Expire Soon
Two major investment incentives for small businesses, including those in the Thoroughbred industry, are set to expire at the end of the year. The incentives permit write-offs of certain property [...]
New Wage Rule Delayed 60 Days
The Department of Labor (DOL) has postponed for 60 days the effective date of the new wage rule for the H-2B Visa program from September 30, 2011 to November 30, 2011. This [...]
Wage Hikes Loom Under New Rule
A new rule from the Department of Labor (DOL) – slated to take effect September 30 – changes the hourly wage employers must pay currently employed and future H-2B workers. [...]
Investment Incentive for Yearling Buyers
The Tax Relief Act authorizes a significant investment incentive for members of the Thoroughbred industry this year in the form of 100 percent bonus depreciation. This incentive allows buyers to [...]