Bob Parsons ambles up to the first tee of the 18-hole course at his lavish, multimillion-dollar Arizona golf club, Scottsdale National. The stocky 66-year-old is wearing a pea-green shirt, untucked, with “U.S. Marine Corps” over the left breast. In his left ear is a large black earring that’s etched with the letters “PXG,” the acronym for his golf equipment brand, Parsons Xtreme Golf. He tees up his ball and turns to his playing partner for the day, Ryann O’Toole, a 30-year-old LPGA pro who is sponsored by PXG.

Adam Trenk, Rose Law Group partner and director of the firm’s equine law practice, explains why a couple lost an expensive tax battle over their horses
By Laura Saunders | Wall Street Journal Lots of Americans lose battles with the Internal Revenue Service. But sometimes those fights provide insights the rest





