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Kentucky Horse Council Announces May KENA Topic: Tax Issues For The Horse Industry

05/01/2018 3:45 PM | Anonymous

Lexington, KY (May 1, 2018) – The Kentucky Horse Council has announced its topic for the May Kentucky Equine Networking Association (KENA) dinner.  The May topic, presented by Dinsmore Equine Law Group, will be Tax Issues Facing the Horse Industry.  The guest speaker for the event will be Jen Shah and the discussion will be moderated by Alex Waldrop.  The dinner will be held on May 15, 2018, at The Red Mile Clubhouse in Lexington, Ky. KENA is a dinner and educational series open to equine professionals, horse owners, and riders and will feature a networking reception from 5:30-6:00 PM, followed by dinner with the main speakers from 6:00-8:00 PM.

KENA is charged with the mission of providing an educational and social venue for equine professionals and horse enthusiasts from all disciplines. Organized by the Kentucky Horse Council and supported by the University of Kentucky Ag Equine Program, KENA provides the opportunity for attendees to share ideas, business strategies and knowledge, and to obtain up-to-date information on horse and farm management and on issues affecting the equine industry.

Jen Shah, CPA, is the Director of Tax Services for Dean Dorton Allen Ford, PLLC and currently leads the firm’s equine practice.  She speaks regularly on business and tax considerations for horse owners and the tax implications of all aspects of the equine industry.  Alex Waldrop is the President and Chief Executive Officer of the National Thoroughbred Racing Association (NTRA) where he leads the thoroughbred industry’s national office responsible for matters pertaining to federal legislative advocacy, racing safety and integrity.  Among the NTRA’s many accomplishments are new tax regulations regarding withholding for pari-mutuel wagering, bonus depreciation for horses and certain equipment, and other tax deductions that benefit farm and horse owners.

 “Taxes are intimidating to the average person, and horse owners are no different.  With changing tax laws on both the federal and state level, it is important for the equine industry to stay informed because tax policy has a huge impact on individuals, as well as large and small equine operations,” says Kentucky Horse Council Executive Director Katy Ross.  “We are excited to have Ms. Shah and Mr. Waldrop share their expertise on a variety of tax issues facing equine businesses and owners.”     

The May 15 dinner is presented by Dinsmore & Shohl LLP’s Equine Law Group. Dinsmore & Shohl is a full-service law firm with offices in twenty-three cities throughout eleven states and the District of Columbia, including Kentucky offices in Lexington, Frankfort, Louisville and Covington.  The Dinsmore Equine Law Group is a generous supporter of the KENA dinner series.

The Kentucky Equine Networking Association welcomes all Kentucky horse owners, professionals and enthusiasts to attend the May 15 event. For details and reservations, visit Tickets are $25 in advance and $30 at the door.

ABOUT THE KENTUCKY HORSE COUNCIL - The Kentucky Horse Council is a non-profit organization dedicated, through education and leadership, to the protection and development of the Kentucky equine community. The Kentucky Horse Council provides educational programs and information, outreach and communication to Kentucky horse owners and enthusiasts, equine professional networking opportunities through KENA, trail riding advocacy, health and welfare programs, and personal liability insurance and other membership benefits.  The specialty Kentucky Horse Council license plate, featuring a foal lying in the grass, provides the primary source of revenue for KHC programs                        

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