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IRS Wins a Horse Case for a Change
- Peter C. Bronson, et ux. v. Commissioner, TC Memo 2012-17 The poster child for a business activity that the IRS will consider a hobby,??denying deduction of net losses under Code Section 183,??is horse breeding.?? Horse breeders often do OK in Tax Court though.?? I think Tax Court judges share my attitude.????Horses are large animals ...
Read more...Finders Key: From Far Back in the Pack to the Lead in ‘War Horse’
The movie, nominated Tuesday for an Oscar for best picture, used almost 300 horses for one battle scene. The best acting was by Finders Key, who also appeared in “Seabiscuit.”
Read more...Dartmoor set of Spielberg blockbuster
THE iconic beauty of Dartmoor in Devon will be a must see destination in 2012 for fans of the Michael Morpurgo classic War Horse.
Read more...Thousands of horses abandoned by owners last year
Thousands of horses are being abandoned or tied up and left to starve, many by desperate owners unable to afford the costs of keeping them. A national crisis has seen Britain's biggest horse charities under unprecedented pressure from the sheer number of animals needing their help.
Read more...DNA tracks how humans tamed horses
Scientists have used equestrian DNA analysis to trace all modern horses to an ancestor that lived about 140,000 years ago.
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