On Saturday, February 10, 2018, 103 people attended TOC’s successful introductory Tax Planning webinar! This event was aimed at helping horse owners gain a working knowledge of the rules of both federal income and state sales taxation as they apply to the racehorse business. The webinar covered a number of areas, including tax treatment for horse acquisitions and sales, tax deductions for horse owners, the IRS “hobby loss” provision, depreciation, capital gains and more.
If you would like any of our Tax Seminar materials mailed to you, please contact Elsa Peron at (626) 574-6620 or email her at eperon@toconline.com.
A recording of this Webinar (audio only) can be found at the bottom of this page.
Participants included:
Shah is the Director of Tax Services for Dean Dorton Allen Ford, PLLC, where she advises business and individual clients on tax and general business consulting matters. She leads the firm’s equine practice, working extensively with participants in the horse industry. Shaw can be reached at (859) 425-7651 or at jshah@deandorton.com. You can also visit their website at www.deandorton.com.
Craigo is a Certified Taxation Specialist and practitioner in Equine Law. He has represented over 200 owners, breeders, trainers, veterinarians and bloodstock agents worldwide in business transactions including national and international purchases, sales, and syndicates; administrative law practice; and income and sales tax matters, including representation of horse owners in over 150 “hobby loss” and “passive loss” disputes with the Internal Revenue Service and state taxing authorities. Craigo can be reached at (424) 248-0936 or at equine@craigolaw.com.
Duggan is a native of Dublin, is a lifelong racing enthusiast with an extensive international background in enhancing the racing experience. He is now serving as the new General Manager and Vice President of Golden Gate Fields. Duggan can be reached at (510) 559 – 7300 or at david.duggan@goldengatefields.com.
Richardson is a financial adviser practicing at 2440 Camino Ramon, #285, San Ramon CA 94583. She is a Registered Representative and Investment Adviser Representative with/and offers securities and advisory services through Commonwealth Financial Network®, a member firm of FINRA/SIPC and a Registered Investment Adviser. Maureen can be reached at 925-355-1588 or at Maureen@RichardsonEliteFS.com.
Tax Seminar Conference Recording & Handouts:
» 2018 Key Financial Data
» Dean Dorton Equine Accounting & Tax Considerations
» NTRA Investment Incentives Flyer
» Preparing for a Hobby Loss Challenge
» Get a Leg Up on Your Taxes
To see a list of TOC’s future events and to register, click here!