Oklahoma Horsemen Eligible for Disaster Relief
The death and destruction caused by Monday’s EF-5 tornado that struck near Oklahoma City, OK are staggering. According to news reports, several horse farms were damaged and many horses stabled [...]
Senate Immigration Bill Includes Language to Replace H-2A VISA Program
The Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 (S. 744), introduced last month to address comprehensive immigration reform, includes language to replace the H-2A visa program currently [...]
President’s Proposed Budget Makes Expense Allowance Permanent
Last week, President Obama released his Fiscal Year 2014 Budget request which included a provision that would make permanent the current $500,000 expense allowance found in Section 179 of the [...]
H-2B VISA Petition Processing on Hold
The U.S. Citizenship and Immigration Services (USCIS) recently announced that, as of March 22, 2013, it has temporarily suspended the processing of new H-2B temporary non-agricultural worker visa petitions from [...]
Circuit Court Affirms Decision in H-2B Case
The 11th Circuit U.S. Court of Appeals affirmed on April 1 a Northern District of Florida Federal District Court’s preliminary injunction that prevents the Department of Labor (DOL) from enforcing [...]
Legislation Would Reduce Capital Gains Holding Period for Horses
Congressman Andy Barr (R-KY) introduced the Equine Tax Parity Act (H.R. 998) earlier this month. If passed, the legislation would reduce the capital gains holding period for horses from 24 [...]
House Subcommittee to Hold Guest Worker Program Hearing
The House Subcommittee on Workforce Protections will hold a hearing on Thursday, March 14 on Capitol Hill entitled “Examining the Role of Lower-Skilled Guest Worker Programs in Today’s Economy.” The [...]
Learn More About 2013 Investment Incentives
The American Taxpayer Relief Act reinstated 50 percent bonus depreciation and increased the expense allowance to $500,000 for 2013. Both incentive programs could have important implications for purchasers of horses, [...]
Sequestration Scheduled to Begin Friday
The massive federal spending cuts that face almost every U.S. government agency are set to begin Friday, March 1, 2013. These automatic across-the-board cuts, referred to as “sequestration,” will total [...]
H-2B Workforce Coalition Releases Principles for Immigration Reform
On February 20, the H-2B Workforce Coalition delivered the H-2B Workforce Coalition Principles for Comprehensive Immigration Reform to Capitol Hill. This document was created with input from Thoroughbred racing and [...]