Economic Stimulus Benefits Owners of Horse Businesses

The Economic Stimulus Act signed into law by President Bush on Feb. 13, 2008 includes two tax incentives that would allow a much bigger write-off for horses and other property purchased and placed in service during 2008, according to an advisory from the National Thoroughbred Racing Association.

The incentives, according to the NTRA, are:

Expense Allowance Increased

The

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