IRS dispute with tax preparers is a horse of a different color

NPS.gov horses
NPS.gov horses

By Jacob Gershman | The Wall Street Journal

At the center of a dispute between the Obama administration and tax-return preparers is a 19th-century law involving horses.

If you don’t recall the Horse Act of 1884 from high school history, here’s some background.

Back when Chester Arthur was president and the nation was still picking up the pieces after the Civil War, the government was spending a lot of money compensating claims for lost horses.

The problem was that a lot the claims were bogus. Unscrupulous agents representing veterans realized they could pocket larger fees by exaggerating the value of the missing beasts. The government was flooded with claims for steeds of  ”War Horse” quality.

Continued: 

If you’d like to discuss equine law, contact Adam Trenk, atrenk@roselawgroup.com

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