Len Green

OCALA, FL - The Ocala Breeders' Sales Company's June Sale of 2-Year-Olds in Training got a late boost from its supplemental section when a colt by Uncle Mo brought the top price of $375,000 during Friday's final session of the three-day auction. The 2024 June sale concluded with numbers just a tick off the sale's 2023 renewal. A total of 582 2-year-olds grossed $21,386,800 during the three-day auction, with the average of $36,747 down 2.2% from last year's figure and the median held at $20,000. Ramon Morales purchased Friday's session...

On Wednesday, Aug. 14, the New York Race Track Chaplaincy's 17th annual brunch at the Saratoga National Golf Club in Saratoga Springs, New York, will be emceed by NBC Sports's Donna Brothers and Thoroughbred owner Len Green will be honored with the Marylou Whitney Award, the non-profit said in an early Thursday release. The owner of D.J. Stable and The Green Group, a New Jersey-based CPA firm, Green will receive the Whitney Award for his ongoing support of the chaplaincy and its programs. Along with Brothers, FanDuel TV personality Todd...

Len Green will be honored with the New York Race Track Chaplaincy's Marylou Whitney Award for his ongoing humanitarian support of the New York backstretch community. Green will be presented the award at the group's 17th annual Fundraising Brunch to be held Aug. 14 at Saratoga National Golf Course in Saratoga Springs. "Len and his late wife Lois have silently, although generously, supported an increasing number of NY Chaplaincy vital initiatives and events over the course of the past several years," said Ramon Dominguez, president of the board of the...

The 2024 Thoroughbred Owner Conference hosted its first panel Mar. 5, with a discussion about how Thoroughbred owners can avoid, prepare for and survive an audit. The panel was sponsored by Mersant International. Gary Falter, project manager for OwnerView, moderated the panel with guests Len Green, founder and chairman of The Green Group, and Frank Palino, Tax Controversy & Divorce Mediation, The Green Group. The panel delved into the intricacies of how the Internal Revenue Service views horse and farm owners and how those owners can best prepare for tax...

By John Wollenberg, JD, CPA, and Leonard C. Green, CPA, MBA Editor's Note: Chris McGrath's popular TDN series "Succession" about horse racing-industry businesses passed from one generation to the next sparked this column by Len Green and John Wollenberg. The odds are frightening that only 50% of family businesses that are successful are passed to the second generation. Only 10% are successfully passed on to the third generation. There are many reasons for this and volumes of material have been written on this subject. But few provide you with the...

Len Green will be honored by the New York Race Track Chaplaincy with the Marylou Whitney Award at its Annual Fundraising Brunch Aug. 14, the organization announced Thursday. Founder of The Green Group, a CPA firm specializing in the Thoroughbred industry, Green also works with son Jon who manages D.J. Stables, the owners of Eclipse winners Jaywalk (Cross Traffic) and Wonder Wheel (Into Mischief). "Len and his late wife Lois have silently, although generously, supported an increasing number of NY Chaplaincy vital initiatives and events over the course of the...

by Len Green, CPA and John Wollenberg, CPA In Thoroughbred racing, it's not over until the horse crosses the wire. The same is true with maximizing your tax deductions and minimizing your taxes. For those who think it is too late to save on your 2023 taxes, The Green Group is here to tell you, it's not! With over 40 years of experience and our knowledge of the new tax laws, we are confident the following information will assist as you approach the 2023 home stretch. Impact of Recent Tax...

Who better to be the Green Group Guest of the Week Than Mr. Green Group himself, Len Green. Green joined the 'TDN Writers' Room' podcast presented by Keeneland to discuss the latest goings-on with his DJ Stable as well as to offer advice on how those in the Thoroughbred industry can best prepare for the upcoming tax season. The best horse DJ Stable campaigned in recent years was Wonder Wheel (Into Mischief), who won the 2022 GI Breeders' Cup Juvenile Fillies on her way to being named champion 2-year-old filly....

Len Green, the founder of The Green Group, joined this week's TDN Writers' Room to share what breeders and owners can do before the close of the year to save money on taxes.

I first met Drew Mollica in 1988 when I was assigned by the Thoroughbred Record to write a cover story on Chris Antley, for whom Mollica was serving as a jockey agent at the time. I found Mollica hysterically funny and, full disclosure, we have been friends ever since. Having since earned his law degree, Drew now practices what might be called racetrack law, and counts the TDN among his clients. Tuesday night, I attended the opening night of his son, Gabe's, one-man show, Solo, in New York City's East...

By Jessica Martini & Christina Bossinakis LEXINGTON, KY - The Keeneland September Yearling Sale's first Book 2 session continued right on from where the auction's elite Book 1 section concluded, producing strong results largely in line with last year's record-setting renewal. During Wednesday's session, 209 yearlings sold for $64,024,000. The session average of $306,335 and the median was $255,000. During last year's Book 2 opener, 219 head grossed $66,695,000 for an average of $304,543 and a median of $250,000. With 83 horses reported not sold, the buy-back rate was 28.42%....

Hall of Fame trainer Todd Pletcher, along with his wife Tracy, received the Marylou Whitney Award from the New York Race Track Chaplaincy for their continuing devotion and support of the backstretch community at the organization's 16th annual fundraising brunch at the Saratoga National Golf Club, the organization said in a release Wednesday. "I can't say enough about what the New York Race Track Chaplaincy organization does for the backstretch community," Pletcher said. "It provides so much more than spiritual help. I look at it like the mayor's office where...