The firm has particular experience and expertise in representation of horse businesses in U.S. federal
income tax matters. We handle federal tax matters throughout the United States . We offer representation most often in IRS Administrative Appeals matters, and in U.S. Tax Court cases. We also offer representation of horse businesses in IRS audits, and in U.S. District Court refund actions.
Syndication
The term "syndication" applied to a horse generally means division of ownership, but this division of ownership can take several forms.
One of these forms used for breeding stallions is referred to as an "undivided fractional interest" syndicate. In this form, each co-owner, or member of the syndicate has ownership of"an undivided fractional interest" in each molecule of the stallion, subject to the terms of the syndicate agreement. The syndicate agreement usually provides for each co-owner to receive certain breeding rights, each for their own use. Read More
Contacts
We prepare contracts used in the horse business, from boarding and training agreements to stallion standing agreements. Call us to discuss your needs.
Horse Business Matters
We have experience in the horse business, and offer legal counsel and representation to horse businesses in a broad range business law matters such as tax issues, choice of business entity, horse purchase and sales issues, and representation of horse businesses before horse industry administrative bodies, such as breed associations, show and racing authorities.
Litigation
Mr. Husband is a member of the California Bar, and is also admitted to practice before the United States District Court for the Central District of California, the United States District Court for the Southern District of California, the Ninth Circuit Court of Appeals and the United States Tax Court. He practices in state and federal courts where he is admitted. Mr. Husband will also cooperate with attorneys admitted to practice in other states in equine business litigation matters, subject to appropriate arrangements being made.
