Using a Name in The Racing Business

In FL, you have to pay about $175 in license fees and certs per year.

You also have to be careful what you write off because of the "audit trigger" possibility.

Remember "write off's" are not always a 100% deduction, with most being about 20%.

...also if you let the entity go dormant (not paying the licensure), it's a $400 reinstatement fee.