IRS Horse Breeders Tax Laws

Horse Breeding and the IRS – Some Interesting Insights…..

Written Business Plan Is Crucial In Horse Tax Court Case

Peter J Reilly, Contributor, Forbes Magazine

Horse breeding is a favorite target of the IRS, when it comes to the hobby loss rules. Nonetheless, breeders will often beat the IRS in Tax Court. Reading a recent decision I got the sense that William Dodds, a tax accountant, came so close that he could almost taste it. He ended up losing. His case is very instructive and is a must read for anyone affected by this issue. I really hope he appeals.

Continue reading

Search

Andalusian World Cup 2015

Newsletter Subscription

WorldWide

AndalusianWorld is WorldWide

Calendar

<< Apr 2015 >>
SMTWTFS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2