The National Thoroughbred Racing Association and its Washington, D.C., legislative team, The Alpine Group, and Kentucky-based Dean Dorton, one of the nation’s leading experts on equine tax matters, will host a national teleconference to review federal stimulus bills recently passed to combat the impacts of the coronavirus (COVID-19) pandemic.
The teleconference, which will be held Wednesday, April 1, at 11:30 a.m. Eastern time, is open to media, representatives of equine businesses, their employees, and other individuals in the equine industry impacted by the coronavirus pandemic. Among the topics to be covered is an in-depth analysis of key tax and business provisions impacting businesses and individuals involved in the horse racing and breeding industry, including the opportunities they present and the obligations they impose.
Useful links for COVID-19 assistance
Various state and federal stabilization programs have been made available to small businesses in light of the coronavirus (COVID-19) pandemic. Several target small businesses, and the parameters appear to pertain to horseracing participants such as trainers, owners and farm owners.
U.S. CHAMBER OF COMMERCE: Coronavirus Emergency Loans Small Business Guide and Checklist
The CARES Act: A First Look
ALPINE GROUP: CARES Act Summary
NTRA Press Release