News & Blog
Blog Posts
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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…
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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…
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100% Bonus Depreciation Returns!
Retroactive for 2023 acquisitions The House of Representatives was hard at work last night. By a vote of 357-70, it passed the extension of 100% bonus depreciation legislation, retroactive for all 2023 qualifying aircraft acquisitions, in addition to extending 100% bonus depreciation for aircraft purchased through December 31, 2025. The legislation will now go to the…
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Time-sharing Agreement
My response is a resounding no – why subject your passengers to additional tax payments to the US Treasury when alternatives can be implemented.
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80% Bonus Depreciation: What happens to the remaining 20%?
The Tax Cuts and Jobs Act (TCJA) enabled 100% bonus depreciation for eligible property purchased and placed in service after September 27, 2017 and before January 1, 2023.
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100% Bonus Depreciation Extension Proposed
House Ways and Means Committee proposes tax reform and tax cut legislations on Friday that include provisions to retroactively extend 100% bonus depreciation for 2023 business aircraft acquisitions.
News Articles
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Optimizing Aircraft Financing: Navigating Tax Benefits and Ownership Structures
NAFA – November 2023
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Angel Flight West Celebrates Milestones with Star Power – AOPA News
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Announcing the launch of the EAA Aviation Tax Consultants
Fred McCarter Scholarship Fund – November 2023
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KJ McCarter & Kyle Kamman on E3 Aviation Podcast
E3 Aviation Podcast – February 2023
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Daniel Cheung joins Angel Flight West Board of Directors
Angel Flight West – February 2023