President Obama this afternoon signed into law H.R. 2029, which includes the Protecting Americans from Tax Hikes (PATH) Act of 2015 and the related omnibus appropriations bill, both of which carry provisions backed by the National Thoroughbred Racing… Read More

A provision that retroactively extends three-year tax depreciation for all racehorses was passed by the United States Senate late Tuesday as part of bill H.R. 5771, the Tax Increase Prevention Act of 2014. The bill, which extends retroactively… Read More