A key provision that extends three-year tax depreciation for all racehorses through 2020 was signed into law Dec. 20 by President Donald Trump. The racehorse provision, which received bipartisan ...
A key provision that extends three-year tax depreciation for all racehorses through 2020 passed the U.S. House of Representatives by a vote of 297-120, the National Thoroughbred Racing Association ...
The U.S. Internal Revenue Service (IRS) has issued new guidance providing businesses with a clearer pathway to benefit from a significant tax break under the One Big Beautiful Bill (OBBB). This ...