Tax Update for Horse and Farm Owners Dean Dorton, one of the largest CPA firms based in Kentucky and a partner of the National Thoroughbred Racing Association (NTRA), is [...]
LEXINGTON, Ky. (December 20, 2019) – A key provision that extends three-year tax depreciation for all racehorses through 2020 was signed into law by the President earlier Friday. The racehorse provision, [...]
January 11, 2018 Overview of New Tax Bill This update covers a number of areas, including aspects of the tax bill most pertinent to owners, breeders, trainers and [...]
FOR IMMEDIATE RELEASE Contact: Jim Mulvihill, NTRA Communications, (859) 422-2663, jmulvihill@ntra.com LEXINGTON, Ky. (Wednesday, December 20, 2017) – The Tax Bill cleared by Congress for President Trump’s signature contains [...]
Contact: Keith Chamblin, NTRA, (859) 621-1120Twelve Congressmen Sign Letter Urging Treasury to Enact RECENTLY Proposed Tax Reporting, Withholding RegulationsLEXINGTON, Ky. (Wednesday, April 12, 2017) – Twelve members of Congress from [...]
IMMEDIATE RELEASE Contact: Joan Lawrence (646) 335-6833 UNITED STATES SENATE COMMITTEE JOINS HOUSE IN PRESSING TREASURY AND IRS TO MODERNIZE PARI-MUTUEL TAX TREATMENT WASHINGTON, D.C. (Thursday, June 16, 2016) The [...]
IMMEDIATE RELEASE Contact: Joan Lawrence (646) 335-6833 CONGRESSIONAL COMMITTEE PUSHES IRS TO MODERNIZE PARI-MUTUEL TAX TREATMENT The U.S. House of Representatives Committee on Appropriations today passed the Financial Services and [...]
