Equinomics 101: an Equine Business, Finance, Accounting, & Tax Law PrimerCollege EditionEnjoy the Benefits of Equinomics 101's Equine Business Financial Management Secrets.Richard B. Dicks: Certified Public Accountant, and the Designer of Equinomics 101.Equine Bookkeeping, Accounting, and Tax Preparation Basics.Meet the Business Challenges of the Horse Industry Head On.Contact Equinomics 101.Order Equinomics 101.
Keep Yourself Up to Date with Equine Tax Law, Accounting and Financial Management with the Equinomics 101 Newsletter.

A note from the editors:

In the months to come, you'll see a variety of articles and tidbits on "all things equine" here. It's part of our service at Equinomics 101 to encourage best business practices in every part of the equine industry. We're not always the experts, but we're excited about the experts lining up to help you make the most of your horse operation through this newsletter.

There are however many of us who, because of the investment of time and money involved, or because of our personal goals for our horse activity, wish to be in the horse BUSINESS. Doing that successfully and having the IRS agree with us on this characterization of our activity is the question at hand.

Today's article is Profit Motive and the Horse Business

Enjoy the article!

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Equinomics 101: Management and Accounting System Targets Equine Industry
Edited by Liisa Sullivan

HOUSTON, Texas - June 5 (SEND2PRESS NEWSWIRE) -- Rockwood Enterprises, Inc., a three-year-old Houston-based marketing and publishing company, announced today the launch of Equinomics 101 - a management and accounting system designed to teach horse owners and horse-related businesses how to efficiently manage their finances.

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Richard B. Dicks, CPA

Most involved with the equine industry of whatever breed do so purely as a hobby. It is an activity from which one can derive great pleasure and enjoyment, while at the same time, pro­viding an opportunity to meet new friends and share a common interest with all in their family. There is absolutely nothing wrong with this. It makes for a strong market for our horses and a more interesting and exciting industry for all of us.

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A Simple Filing System: Where Did I Put That Stuff?!!
Richard B. Dicks, CPA

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