automotive

  • What You Need If You Use A Semi To Haul Horses To Shows

    If you are purchasing a semi truck to tow a large horse trailer to shows, you'll need to make sure you meet the legal requirements. Any activity that that is done for profit can be considered a business, according to the IRS. In addition to tax implications, this means that you will need to meet different requirements for towing your horses. If you are pulled over by a law enforcement officer who wants to see your credentials, you may need to prove whether you are a hobbyist or a business owner, which can be somewhat tricky for equestrians who routinely enter shows in hopes of earning monetary awards even though they only consider themselves to be hobbyists.
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