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Wednesday, April 22, 2015

Make Your Voice Heard on Pari-Mutuel Tax Withholding

The National Thoroughbred Racing Association-led fight to change withholding and reporting when it comes to pari-mutuel winnings is moving forward, and the NTRA is seeking horseplayer help with this issue.

According to a press release issued on Tuesday, "The NTRA encourages horseplayers, fans and industry stakeholders who will be positively impacted if the proposed changes are adopted to submit their own comments to Treasury and the IRS using a simple form now available online at www.NTRA.com/IRScomment.

“The two-step process can be completed in Secretariat time – under two minutes,” said NTRA Senior Vice President Keith Chamblin, referring to the 1973 Triple Crown winner’s Kentucky Derby record of 1:59 2/5. 

The form creates a customized message from the sender’s own e-mail address populated with suggested language crafted by the NTRA and submits it directly to the Treasury."

Thank you in advance.

Your HANA Team

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