Dean Appointed to AHC Tax Bulletin Committee
The American Horse Council is pleased to welcome Douglas Dean, CPA of Dean Dorton Allen Ford PLLC in Lexington, KY as the newest contributor to its bi-monthly Tax Bulletin.
The Tax Bulletin is AHC’s most popular publication featuring timely articles on equine tax and business issues. It provides updates on the latest tax court decisions, IRS regulations, and legislation that might impact one’s ability to run a profitable business.
Dean joined AHC’s Tax Bulletin Advisory Committee in June, adding to an impressive editorial board of tax professionals. “We are very pleased that Doug Dean agreed to join the tax team. He brings years of experience and will make the AHC Tax Bulletin even more informative,” said AHC President Jay Hickey.
Dean has extensive experience in providing tax compliance and planning, estate planning, and business valuation service, and has represented clients in dealing with federal, state, and local tax authorities. Additionally, he was the initial leader of his firm’s Equine Industry Team, a position in which he served for many years. “I’m very pleased and honored to join AHC’s Tax Bulletin Advisory Committee. Owners and operators of horse businesses, involving thoroughbreds and other breeds, have been a big part of our firm’s and my professional practice for many years,” said Dean. “As a long-time reader of the AHC’s tax communications, I’m now glad to participate in the Committee’s part of providing this service,” he added.
The AHC Tax Bulletin is available through membership with the American Horse Council. For more information on how to become a member and receive the horse industry’s most informative tax updates visit http://www.horsecouncil.org/ahc-memberships or contact Bridget Harrison at (202) 296-4031 or info@horsecouncil.org.
Learn more about equine business tax issues in the 2011 Horse Owners and Breeders Tax Handbook by Thomas A. Davis, Esq of Davis and Harman. This two-volume edition has everything you need to know pertaining to tax laws for your equine business. Topics covered in the Handbook include: business versus hobby - including summaries of important court decisions; Passive loss rules; Forms of doing business; Record keeping and accounting rules; Sales, Exchanges and Involuntary conversions; Depreciation; and much more!


