Easy to read, easy to use. This simple yet highly sophisticated work was originally developed by Dr. Barbara Ann O'Kelly for use in a community college course. 51 pages of rich text on equine business is followed by 29 pages of questionaires and forms including a full budget with accounts for horse businesses preformatted. By the end of the pleasant experience of completing the exercises and questions in the book, the reader has his or her own custom business plan. The authoritative treatise on federal taxation of horsemen.
Broad coverage includes expense deductions, depreciation and employment taxes.
Updated through 1999. A must-have for every C.P.A. serving the horse industry as well as for every horse business library. An article explaining when the value of land should be included when the profit status of a horse business is an issue.