NTRA Capitol Hill Reports

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 [...]

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 – [...]

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 [...]

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 [...]

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 [...]

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 [...]

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. [...]

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 [...]

NTRA is actively monitoring the steady stream of tax reform measures that have emerged as lawmakers work overtime to address the debt ceiling crisis. In the current environment, every provision [...]

Talks on how to relieve the nation’s debt crisis through various tax measures have led some members of Congress to target the standard three-year depreciation schedule for racehorses – a [...]