NTRA Tax Forum Materials Available

WASHINGTON, D.C. (Apr. 14, 2009) -- The National Thoroughbred Racing Association (NTRA) hosted its Equine Tax Forum in Lexington, Ky. on April 6. Four experts in equine tax issues addressed five topics that affect members of the horseracing industry. Those attending included owners, executives, and managers from small and large farms, and other industry professionals.

For those unable to attend, the NTRA has made available the materials distributed at the event - simply click here to download information on hobby loss criteria, passive loss limitations, sales/like-kind exchanges, depreciation and forms of doing business.