Author: Hannah Milligan

Place Order by December 31, 2024 Bonus depreciation is scheduled to phase down to forty percent on January 1, 2025. However, if certain conditions are met, the tax code allows 60% bonus depreciation to be taken on 2025 aircraft deliveries. With income tax rates expected to increase, you should consider placing an aircraft order by…

With 100% or 80% bonus depreciation in effect since 2017, mid-quarter convention has not been a relevant topic for tax planning discussions.  With bonus depreciation for 2024 acquisition at 60%, it’s a good time to revisit this tax provision that can result in a loss of income tax deductions in 2024. Modified Accelerated Cost Recovery System…

We are happy to announce the first recipient of the EAA Aviation Tax Consultants Fred McCarter Scholarship! Originally from Los Angeles, California, Landon Abrar is a devoted first-year San Jose State University student pursuing a degree in Aviation Management. Upon arriving at college, he dedicated himself to getting involved in the aviation community at SKSU and…