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NEW YORK CITY (Tuesday, June 3, 2014) – The National Thoroughbred Racing Association (NTRA) today released a copy of a bipartisan letter from key members of Congress asking the Department [...]
WASHINGTON, D.C. (Thursday, April 3, 2014) – The United States Senate Finance Committee reported today legislation that would extend expired or expiring tax provisions for race horses, including a provision [...]
Protect your investment with this comprehensive tax information guide that includes case studies For a printable PDF, click here.
For those attending the 2013 breeding stock sales, it is worth looking at a tax incentive that may apply to purchases this year. The Expense Provision allows the purchaser to [...]
For those attending the yearling sales, it is worth looking at the tax incentives that are available to a purchaser of a yearling this year. For a printable PDF, click [...]
Congressman Andy Barr (R-KY) yesterday introduced the Equine Tax Parity Act (H.R. 998). If passed, the legislation would reduce the capital gains holding period for horses from 24 months to [...]