ForeverYoung–: What taxes are paid and what insurance is needed for a horse farm?
Hello,
I’m doing a project and I need to find the appropriate taxes, licenses required, and insurance needed for a business. I chose a horse breeding/training farm. I found no licenses required to run a horse farm, but can anyone give me any resources for the taxes and insurance requirements and costs?
Thanks!
Answers and Views:
Answer by mbrcatz
It depends on the municipality. You can count on property taxes, income taxes, sales taxes, and payroll taxes for your employees. The only insurance required by law, is workers compensation, for your employees.
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