November KENA Meeting to Focus on Building Equine Businesses

October 29, 2015

The meeting will be held Nov. 17 at Fasig-Tipton and is open to both equine professionals and horse owners.... Read More


Keeping Records

August 20, 2015

Always err on the side of keeping more records than you think you actually need, but keep them organized.... Read More


UK Equine Law Conference Held in April

June 26, 2015

Discussion topics ranged from medications in racing and sport horse fields to equine insurance provisions, and more.... Read More


Cracking the Tax Code

April 09, 2015

Having trouble interpreting taxspeak as it applies to the horse industry? Read on. ... Read More


Racehorse Tax Break Passes Congress

December 20, 2014

A provision that retroactively extends three-year tax depreciation for all racehorses was passed Dec. 16.... Read More


House Extends Tax Provisions Favorable to Horse Industry

December 05, 2014

The U.S. House of Representatives passed the bill that would extend several favorable tax provisions on Dec. 3. ... Read More


AHC: Bonus Depreciation Bill Passed by House

July 16, 2014

The House passed a bill to amend the Internal Revenue Code of 1986 to make permanent the bonus depreciation.... Read More


Tax Depreciation for Racehorses Advances

April 04, 2014

This provision accelerates, simplifies, and makes uniform the depreciation period for racehorses. ... Read More


Bill Would Extend Equine Industry Tax Benefit

January 14, 2014

Several favorable tax provisions the horse industry enjoyed in 2013 have reverted to lower levels or expired.... Read More


French Equestrians Protest Tax Law Change

December 06, 2013

The change could threaten 80,000 horses' lives and put more than 6,000 horse industry employees out of work. ... Read More


Equine Guelph to Offer Equine Business Management Course

August 10, 2013

Learn what makes a properly planned business stand out with an online course on equine business management.... Read More


Kentucky Farm-Level Equine Receipts Increase in 2011

September 30, 2012

After declining for three straight years, Kentucky farm-level equine receipts increased in 2011.... Read More


AHC: Connect with Congress on Equine Issues

January 26, 2012

It's important that elected leaders understand and appreciate the United State's $102 billion horse industry.... Read More


Tax Changes for Horse Owners Take Effect

January 04, 2012

Federal legislation did not extend the Section 179 expense deduction or 100% bonus depreciation.... Read More


2012 Equine Business Conference Scheduled

December 14, 2011

Topics covered include equine insurance; law; tax and finance; and promotion, marketing, and advertising.... Read More


AHC: Horse Industry Should Take Notice of New Congress

January 19, 2011

The 112th Congress of the United States convened in early January and will face many of the same issues left over from the last Congress. But they might remain on the table as this Congress' emphasis will be on cutting government programs and ... Read More


Racehorse Breeding Tax Shelter Operators Plead Guilty

October 27, 2009

Federal authorities say three men have pleaded guilty to conspiracy charges in a scheme that allowed wealthy people to get tax benefits from investments in Thoroughbred horse breeding.

The U.S. attorney's office for Oregon said Monday the... Read More


Horses Top Kentucky Agriculture Receipts in 2008

August 30, 2009

Cash receipts from sales of horses and stud fees in Kentucky again made equines the top agriculture product in 2008, according to state agriculture commissioner Richie Farmer.

Horse sales and stud fees totaled $1.08 billion, down 4% from... Read More


Stimulus Act Could Impact Horse Industry

February 27, 2009

The 2009 Stimulus Act signed into law by President Barack Obama contains provisions that impact the horse industry, the American Horse Council said in a Feb. 24 memorandum.

The measure contains the bigger write-off for horses and other... Read More


California Veterinary Tax Removed from Budget

February 24, 2009

After a three-month battle, the California state legislature last week approved the final 2009-2010 budget, sans a proposed veterinary tax. The California Veterinary Medical Association (CVMA) conducted a letter and call-in campaign to stop the... Read More


For the Record: Taxes and Recordkeeping

February 01, 2009

Tame that wild pile of unorganized paperwork throughout the year to optimize the horse and farm ownership experience.

Editor's Note: This article provides general information only, and readers should consult with a... Read More


Horse Council Offers Tax Tips

January 27, 2009

The American Horse Council (AHC) is offering extensive tax information that can influence your equine business tax returns. For 40 years, the American Horse Council has provided the horse industry with tax information through the "Tax Bulletin,"... Read More


California Vet Service Tax Fails; Might Resurface

December 03, 2008

Last week, the California State Senate and Assembly rejected Gov. Arnold Schwarzenegger's proposal to balance the budget, which included the addition of a sales tax to veterinary... Read More


California Governor Proposes Tax on Veterinary Services

November 26, 2008

In an effort to raise funds for the state, California Gov. Arnold Schwarzenegger recently announced his proposal to expand sales tax to include veterinary services. If this proposal passes, the governor estimated $357 million in increased revenu... Read More


Washington Hearings Tackle Horse Farm Tax Issues

November 10, 2008

Operators of horse boarding and training farms in Washington state are poised to pack Department of Revenue hearing chambers Nov. 13 to convince the agency that their businesses should be included in statutory definitions... Read More