Summary of Benefits to Horse Owners Under the New Federal Covid-19 Legislation All businesses are feeling economic hardship right now, and horse owners are no exception. Congress and the Trump Administration have provided several mechanisms to keep businesses afloat and provide some financial relief. Every business and every financial situation is unique, however, so it … Read more
April 24, 2020 During these difficult times, TOC continues to work with the CHRB, CTT, the Stronach Group and local and state authorities to get live racing re-started in California as soon as possible. To keep our members informed, we will provide regular updates. Update on Racing in Southern California Santa Anita met (virtually) with … Read more
While the coronavirus continues to wreak havoc across America, TOC is working collaboratively with the CHRB, CTT, and the Stronach Group in an effort to get live racing back and horses running in California as soon as possible. While it’s a big challenge, we will continue to fight the fight. In the meantime, to keep … Read more
Congress, President Deliver $2 Trillion Relief Package, Address Many Horse Industry Concerns By, Bryan Brendle, American Horse Council Following a week of intense negotiations, on Friday, March 27 House lawmakers finally passed – and the President signed into law – the Coronavirus Aid Relief and Economic Security (CARES) Act, teeing up approximately $2 trillion in emergency … Read more
Dear TOC members, We will be hosting a TOC members conference call this Saturday, March 14, at 11:00 a.m. to update the members on a number of critical issues. Participating on the call will be TOC Chairman Nick Alexander, TOC Director Gary Fenton, Terry Lovingier who is a TOC Director as well as Chairman of … Read more
The California Thoroughbred racing industry and The Stronach Group have, over the last year, implemented unprecedented and effective reforms. This effort, led by Governor Newsom and the California Horse Racing Board (CHRB), is well documented in the recent report issued by the CHRB. We look forward to a full review of that report and to … Read more
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On Saturday, February 1, 2020, TOC successful hosted an introductory Tax Planning webinar! This event was aimed at helping horse owners gain a working knowledge on key tax considerations faced by equine industry participants, including: – How to structure operations and related accounting and reporting items,– Tax incentives available to horse and farm owners,– Hobby loss and passive … Read more
As a member of TOC, you are eligible for significant savings on products from nationally known brands for all of your equine needs.
