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Check out The Green Group in BloodHorse

Taxonomy: 
Tax & Accounting
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Its that time of the year again to ensure you are taking full advantage of your tax deductions.  
Compared to other businesses, the Horse Industry's application of tax laws are unique in many ways. 
In this industry, you cannot simply apply the general business advice most accountants are familiar with if you want to maximize your tax deductions and save money.
Can we demonstrate this expertise to you? 

Protect Yourself Against Scammers

Taxonomy: 
Tax & Accounting
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In March, we put together a post on various IRS scams that are prevalent this year. (If you missed it, view it here)  This month’s update is due to the increasing level of identity theft that is occurring throughout the country.  Already, a number of our clients have needed to refile their returns by mail due to the IRS rejecting their e-file authorizations.  The reason why?  A return has already been filed under their Social Security number.

UPDATE - Repair Regulations

Taxonomy: 
Tax & Accounting
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The IRS has issued regulations that change accounting rules for 2014 for certain categories of expenses, including repairs, spare parts, and materials & supplies.  For instance, any item that generally costs less than $200 is a material and supplies item, whereas the previous rules set this limit at $100.  If you own a building, or have materials and supplies, your preparer may have to prepare an additional form called a Form 3115.  This form is separate from your tax return and requires its own signature.  The form is then mailed to

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