Webinar: Horse Business Taxes 2023 - What You Need to Know

Horse Professionals, come find out about recent changes in Tax Laws that will affect you when you file your 2022 and 2023 taxes. Learn from a successful entrepreneur, CPA, MBA who is also one of the nation's top Equine Tax Experts!  

Topic: Horse Business Taxes - A Dozen Things Equine Professionals Need to Know!
Date:  March 27, 2023
Time: 11:00 am Pacific, 1:00 pm Central, 2:00 pm Eastern
Speaker: Len Green, CPA, MBA
Summary: Horse Professionals, come find out about recent changes in Tax Laws that will affect you when you file your 2022 and 2023 taxes. Learn from a successful entrepreneur, CPA, MBA who is also one of the nation's top Equine Tax Experts!  

Here is a unique opportunity to learn how you can maximize your tax deductions and make your business more profitable.

Learn these:

1. What are the recent changes in Tax Laws that will affect you when you file your 2022 and 2023 taxes and could result in reducing your taxes?
   
   
2. Is your horse operation a hobby or business?
   
   
3. What tax laws could benefit you when it comes to owning horses as a business i.e., syndicates, partnerships, etc.
   
   
4. What changes have there been to 1099 filings that horse business owners should know about? 
   
   
5. If you are classified as being in a Trade or Business and you buy a horse, what kind of tax deduction are you entitled to in the year of purchase?
   
   
1. Do you have to prorate the depreciation by the month you bought the horse?
2. Does the above question depend on when you paid for the horse or when you took the title?

6. If your operation is a business, what factors determine if you are Active or Passive?
   
   
7. What are the pros and cons of depreciating vs. expensing horses and other items that could fall in either category?
   
   
8. What kind of travel and entertainment expenses are you entitled to for going to shows and events?
   
   
9. What kind of a Pension/Retirement Plan can you establish for your activity and how does this affect your tax liability?
   
   
10. Ask your questions! Our Q&A will be robust!

About the Speaker
Len is the Chairman and Founder of The Green Group, one of New Jersey's top accounting, tax, consulting, and advisory firms.  His expertise spans across start-ups, family businesses, and thoroughbred horse operations. 

On top of that, Len has more than four decades of experience owing and managing commercial real estate properties.  Len has been involved with over 40 businesses including SoBe Beverages and Blue Buffalo Pet Food.  He has been on the board of a dozen companies across various industries and the non-profit, Jeremy's Heroes.

Above all, Len's true passion is teaching.  In 2017, Len released his first book, “The Entrepreneur's Playbook” based upon his renowned entrepreneurship courses at Babson College.  Like his classes, “The Entrepreneur's Playbook” disregards formulas and teaches readers and business students alike how to handle the real world of start-ups using proven tips, techniques, and strategies.  He has over 20 years of teaching at Babson College which has been voted the #1 Entrepreneurial College in the U.S. for the last 25 years.  He has taught over 2,000 students in his tenure and continues to inspire the world's next generation of business leaders. 

In 2021, Len was voted into the Babson Academy of Distinguished Entrepreneurs.  He started the Babson College Polo Team which won the NCAA Championship in 2022. 

You can contact Len Green at [email protected] or 732-634-5100 (ask for Donna).

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