Bonus Depreciation For 2015 Aircraft I read an interesting article in Aviation Week about the resilience of the market for the largest business jets. Their resilience as the aircraft of choice for ultra high net worth individuals, governments and corporations is no...
Florida Introduces New Form to Report Sales and Use Tax on Aircraft The Florida Department of Revenue (FL DOR) has updated its reporting form on the sale and use of aircraft in Florida. Form DR-15AIR (Sales and Use Tax Return for Aircraft) replaces Form DR-42A...
SIFL rates are important numbers used to calculate the taxable income you receive when taking a personal flight on employer provided aircraft as a fringe benefit. The U.S. Department of Transportation recently released new SIFL rates for the 1st half of 2013 and...
Owning an aircraft is a major investment. Even before you buy one, you need to spend countless hours preparing, training, financial planning, and making proper space arrangements in anticipation of becoming an owner. This is why the idea of keeping it safe and in good...
Although overlooked at times, where you store your aircraft is a very important part of being a responsible owner. Whether you decide to hangar it or tie it down, where and how you store your plane can change its re-sale value, extend its longevity, or conversely,...
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