Concerns for Horse Activity IRS Audits

7 Potential Pitfalls for Horse Businesses by John Alan Cohan, Attorney at Law   The U.S. House of Representatives is considering a resolution to impeach IRS Commissioner John Koskinen for violation of the public trust, failing to comply with congressionally issued subpoenas and misleading the public over IRS practices of …

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The Return of Horse Syndication

Syndication

What You Need to Know About Joining a Syndicate by John Alan Cohan, Attorney at Law   Horse syndication is a way of getting involved in racing, breeding or competing on a much higher level than individual ownership. The tax court has recognized that horse racing or breeding is a …

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