…can be installed by unskilled volunteers and requires minimal maintenance. Any registered 501-C-3 non-profit horse organization or Canadian non-profit is invited to apply. Application details can be found at www.electrobraid.com….
…that your activity was entered into and continues to be conducted with the intention of making a profit, and that you subjectively believe that you will make a profit. Over…
…above $100,000 and fails to show a profit in their horse activity. There are many considerations in conducting a horse activity for profit. As with all other areas of farming…
October 3, 2002 — In a new case, the Tax Court ruled that a Phoenix, Arizona physician’s horse breeding and racing activity was not engaged in for profit even though…
…expect to profit from an animal in the future, even though it is not presently profitable. I am frequently asked whether it is advisable for an ongoing farm or ranch…
…means to decrease tax liability for the sake of maximization of shareholder profits. Sometimes the IRS goes after relatively small tax matters, for the sake or principle. For instance, just…
…A Home For Every Horse program are also good places to seek advice on rescues. 3) Ask some specific questions of the non-profit before you donate. Does the non-profit have…
…“Expectation That Assets Will Appreciate in Value.” The term “profit” in IRS Regulations encompasses appreciation in the value of assets such as land and/or livestock used in the activity. and…
…sell the farm and use the proceeds to fund their retirement? Corporate Ownership Does a for-profit company or corporation own the property? What is the structure of the corporate ownership:…
…(or help you analyze the business you’re already running). They’re easy to understand and are based on the fundamentals of operating any profitable business. Strategy #1.Build a compelling three-year vision….
