Recordkeeping

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Comprehensive Planning for Equine Organizations

In horse-related organizations, as in all business ventures, practical management skills are key to success. But according to Lori Garkovich, PhD, professor in the Department of Community and Leadership Development at the University of Kentucky, many

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Establishing a Horse Business (Book Excerpt)

Owning horses can be a serious business for some people or a pleasant hobby for others. There is no legal requirement that a horse operation must be classified as a “business,” but if you plan to operate a commercial boarding stable,

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Horse Identification Riles Up Readers

More than 1,600 readers of TheHorse.com responded to a poll asking, “Should some form of permanent identification be required for every horse in the United States?”

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Canadian Rules Could Impact Slaughter Exports

New Canadian horse processing regulations could slow the flow of U.S. horses to slaughter plants there, say equine welfare advocates.

Last month the Canadian Food Inspection Agency (CFIA) advised all Canadian owners of horses that co

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Traveling Legally

Whether transporting a horse across an ocean or across state lines, there are legal requirements that you need to meet. Your paperwork must be complete or you face the possibility of fines, quarantine, or even your horse being rejected and refused entry into a state or country.

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Mine That Bird’s Registration Papers Reported Stolen

Trainer Chip Woolley Jr., who trains Kentucky Derby winner Mine That Bird, woke up the morning of June 2 to find his truck had been broken into at the Louisville hotel where he was staying. The registration papers for Mine That Bird were missing

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Keeping Financial Records: For The Record

The general—if sometimes reluctant—consensus is that financial records should be put in some sort of order. The real question is twofold: which records should be kept, and for how long?

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For the Record: Taxes and Recordkeeping

Tame that wild pile of unorganized paperwork throughout the year to optimize the horse and farm ownership experience.

Editor’s Note: This article provides general information only, and readers should consult with a

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Horse Licensing Bill Scrapped after Protest

A New Hampshire lawmaker scrapped mandatory horse licensing legislation after angry horse owners protested the measure on grounds that it would be financially burdensome.

The bill, HB 427, required owners to obtain licenses for each of thei

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Hobby or Business? Defining your Equine Venture


According to the Internal Revenue Service, if your main objective is to make a profit, then you are considered a legitimate business.



Many people involved within the horse industry often do not view their small hors

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