Archives: tax time

Tax Time

We did an article for IHRA in 2006 about racing as a business. The full article can be found in our articles section of our website. We did an extension of that article about a racing business and IRS audit info in last year’s Newsletter, 3-2011, on Racing & Taxes in the USA. The next […]

Tax time

In 2006, we provided a free article Tax Time all about taxes and racing deductions in the USA. With tax season approaching here in the US, we thought we’d discuss a few more ways that racers can utilize their auto expenses when dealing with the tax man. Racing deductions can free up some of your […]