Thursday, February 26, 2009
Why is High Finance so happy? No it isn't the two mares he met this morning or the two he will meet tomorrow, it is the notice from the NTRA that on April 6 there will be a Tax Forum on the Topics: Equine hobby loss criteria for horse owners, sales/like-kind exchanges; deprecation and expensing opportunities; and partnerships.
High Finance anticipates meeting all of the available mares in Louisiana especially since his good buddies in Congress plan to up the taxes of High Finance's favorite type of owner those who earn more than $250,000.
Yes, High Finance is very proud to be an adjunct member of the NTRA. His protectors were ready with their announcement as soon as President Obama announced his tax proposals.