In any IRS audit of horse activities, one issue will be the extent to which the taxpayer has advertised horses for sale. Advertising is considered to be an effective type of promotion to attract customers, and if you do not advertise or otherwise promote the sale of your horses, the IRS will argue that you are not engaged in a business because you don’t care about selling your product.
Continue reading …There are a few facts about the horse industry that are undisputed. Every horse has an owner. Every horse owner has varied expectations of what they will get from the endeavor. However, you can be assured that everyone who has ever owned and shown a horse has done it because they wanted some enjoyment from the sport. They wanted to experience the competition, as well as the camaraderie of like-minded individuals.
Continue reading …If you happen to be driving through West Texas and glance out across the open expanse of ranch land, you might catch a glimpse of a striking stallion, slick and seal brown, who looks a little out of place among the rangy cattle and miles of fence line. You’re not mistaken.
Continue reading …Athletic horses in strenuous careers often suffer injury. Young horses in training are also frequently injured when too much stress and strain is placed on immature joints. Western performance horses are at risk for several types of joint injuries because of the stress and strain on limbs when sprinting, stopping quickly, turning and spinning off in another direction. Hunter-jumpers are at risk for injuries related to jumping. Every discipline has its own set of common injuries.
Continue reading …Curious to find out who took home major hardware at the AQHA Youth World Championship Show and NSBA World Championship Show? Look no further.
Continue reading …Trying, Buying, and Selling Horses at the World’s Largest Show. Every October, the horse industry flocks to Columbus, Ohio for the All-American Quarter Horse Congress. World-class competition may be the number one draw for most exhibitors, but the opportunity to both market and shop for a new equine partner comes in a close second.
Continue reading …Click here to read the complete article 540 – October,2015 Handling Health Emergencies Away From Home By Megan Arszman The All-American Quarter Horse Congress has arrived, and you’ve been working for that trot down the center of the Celeste all summer long. Like every Congress, the weather was blissfully warm and sunny yesterday, but now […]
Continue reading …Larisa Affeldt keeps a schedule that would make most heads spin, yet she finds a way to balance showing horses with raising three boys and supporting her husband through the highs and lows of professional sports. Jeremy Affeldt is a relief pitcher for the San Francisco Giants where he was a member of the 2010, 2012 and 2014 World Series Championship teams. He has also played for Kansas City, the Colorado Rockies, and the Cincinnati Reds.
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