Placing an Aircraft In Service
December 31, 2021 is the last day to place a business aircraft in service to capture 100% bonus depreciation
December 31, 2021 is the last day to place a business aircraft in service to capture 100% bonus depreciation
Bonus depreciation can increase cash flow immediately
Owner Flights under Part 135 – exempt from FET
A quick review of the American Rescue Plan Act of 2021 by Congress reveals no specific tax law changes that will apply to business aircraft acquisitions in 2021.
When to get an aviation tax advisor involved?
Panel Discussion – Creating the best ownership experience
Utilize 100% Bonus Depreciation and Offset Costs with Charter Activity
4th quarter aircraft acquisition no longer impacted
Yes – California Interstate Commerce Exemption is one of the best exemptions for business aircraft.
Private Aviation Takes the Limelight