News & Blog

Blog Posts

  • aircraft flying

    Timing the purchase of a business aircraft

    The most frequently asked questions lately revolve around the return of 100% bonus depreciation and “timing” the purchase of a business aircraft based on pending tax legislations. For companies that utilize a corporate aircraft for business travels in order to improve productivity and provide better work life balance for key employees – I believe delaying…

    Read More
  • Small Airplane Taking Off

    60% Bonus Depreciation for 2025 Aircraft Deliveries:

    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…

    Read More
  • Airplane on Runway

    Closing before September 30 to maximize tax depreciation in 2024

    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…

    Read More
  • Scholarship winner Landon Abrar

    Landon Abrar

    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…

    Read More
  • 1 US Bank Note

    Charitable Flying

    Having been involved in the general aviation industry for over two decades, I have always recognized the positive contribution our industry provides to society.  Whether it is natural disasters, transporting veterans and ordinary folks needing medical treatments, or pets that need rescued or relocated, pilots and aircraft owners, fixed base operators, and numerous other stakeholders in…

    Read More
  • Plane Tax Guy at the US Aircraft Expo

    2024 US Aircraft Expo dates and locations

    ATC has been the exclusive aviation tax sponsor and partner of US Aircraft Expo since its inception.   In 2024, there will be 8 Expos held across the country, from Portland to Manassas to Scottsdale.  In addition to seeing new aircraft on display, you will be able to discuss financing, insurance and tax considerations for your…

    Read More

News Articles

  • Recipients of 2024 Public Benefit Flying Awards

    NAA – October 2024

    Read More
  • Planning a Jet Delivery? US Sales & Use Tax Tips

    NAFA – May 2024

    Read More
  • Optimizing Aircraft Financing: Navigating Tax Benefits and Ownership Structures

    NAFA – November 2023

    Read More
  • Angel Flight West Celebrates Milestones with Star Power – AOPA News 

    Read More
  • Announcing the launch of the EAA Aviation Tax Consultants

    Fred McCarter Scholarship Fund – November 2023

    Read More