Micro share ownership of horses is making it more affordable for the average person to own a part of a horse. However, most people probably do not consider the tax implications of owning shares of a horse. Below we discuss the various ownership types and related taxes.
While most federal tax regulations did not change in the past year there are some 2021 tax reminders for equine industry participants that are important to remember when filing taxes.
Attend Dean Dorton's 2021 Equine Financial, Tax, & Operational Update for Thoroughbred horse owners, Thoroughbred horse farms, members of racing syndicates, and industry groups, and financial staff in the equine industry.
With a long, complicated revenue cycle in healthcare, things can go awry at many points. Learn how to improve everything with one change – and why you must act now.
Upgraded accounting software puts your equine business in the lead. Explore how replacing an underwhelming solution helps you cross the finish line first.
Jen Shah, Dean Dorton Tax Director and Equine Industry Lead, gives a preview of key provisions included in the 2021 Congressional Appropriations Act which may impact horse and farm owners.
This article includes a few tax planning items that may be helpful as year-end approaches for horse farm owners.
How has COVID-19 impacted the equine industry? The CARES Act poses significant tax changes that effect farms across the United States.
In this article, we make sense of complexities while buying and selling horses for racing and breeding.
In this article, we take an in-depth look at rules surrounding 100% bonus depreciation in the equine industry.