Tax Solutions for Horse Owners

Practicing in a horse community such as Aiken for almost 30 years, we have developed expertise in assisting horse owners with their tax issues and opportunities. We are members of the American Horse Council and subscribe to its tax guides.  We can assist you in a number of areas as follows:
  • understanding the hobby loss rules
  • choosing the best tax entity through which to operate
  • determining when to treat horses as inventory or capital assets
  • using proper depreciation methods for race/other sporting horses and for other horse farm assets.

Farm/Timber Operations

We have experience assisting farmers and other landowners with accounting and tax matters, including proper tax accounting for timber operations.

Conservation Easements

We can assist you in setting up a conservation easement on your property. You can also find information at the Aiken Land Conservancy website.