by David Gordon | Oct 29, 2025 | Federal Tax
by David Gordon | Mar 19, 2025 | Federal Tax
Business use of aircraft is often deductible, but the flights must be well documented to maintain these deductions. In addition to keeping your logs and tracking the passenger flight details, the IRS requires that all business use of aircraft be documented... by David Gordon | Jan 2, 2025 | Federal Tax
As year-end approaches, now’s the time to review your 2024 aircraft records. In doing so, you’ll ensure proper tax reporting of your aircraft activity. The rules for deducting aircraft expenses are very specific and require detailed records and documentation. But this... by David Gordon | Oct 1, 2024 | Federal Tax
As we approach the end of the year, we continue to receive a lot of questions on aircraft bonus depreciation. With the current law, many aircraft will qualify for up to 60% bonus depreciation in 2023, and some will even qualify for 80%. As with most tax law, there are...
