LEXINGTON, Ky. (Friday, February 9, 2018) President Trump today signed into law the Bipartisan Budget Act, a bill that among other measures extends retroactively for fiscal year 2017 uniform three-year racehorse depreciation, an important tax provision supported by… Read More
The Tax Bill cleared by Congress for President Trump’s signature contains a number of provisions beneficial to horse breeders and owners, according to an initial assessment by the National Thoroughbred Racing Association (NTRA). The tax reform package benefits… Read More
TOC joins with major horsemen’s and racing associations in opposing proposed federal legislation H.R. 2651. To read more, click here.
June 23, 2017 There have been reports this week that the Department of Homeland Security (DHS) has decided to offer extra H2B visas for temporary, seasonal workers. These visas are used for temporary, non-agriculture workers at a variety… Read More
May 4, 2017 LEXINGTON, Ky. (Thursday, May 4, 2017) – Important H-2B visa program provisions remain in the bill that Congress passed today to fund federal government through fiscal year 2017. President Trump is expected to soon sign… Read More
On Monday April 17th the California Senate and Assembly recognized the incredible career of Hall of Fame Jockey Mike Smith and North America’s richest racehorse, Arrogate. Smith was invited on the floor of the Assembly by the Governmental… Read More
Contact Keith Chamblin, NTRA, at (859) 621-1120 DEPARTMENT OF TREASURY AND IRS ISSUE PROPOSED REGS TO MODERNIZE PARI-MUTUEL WITHHOLDING AND REPORTING Lexington, Ky. (December 29, 2016) – The Department of Treasury and Internal Revenue Service (IRS) today issued… Read More
Employers in the horse racing industry who rely on the H-2B visa program are urged to contact their United States Senator and Representative immediately to help ensure that the returning worker exemption remains in place, as Congress drafts… Read More