by David Gordon | Mar 19, 2026 | State and Local Tax
Sales and use tax on aircraft can be a material number, and proper planning can be very valuable. I have written about some of the exemptions out there for sales and use tax in previous articles, like State Tax Exemptions and State Taxes –What to Know. This time...
by David Gordon | Oct 29, 2025 | Federal Tax
by David Gordon | Oct 13, 2025 | Aircraft Ownership and Acquisition
An aircraft purchase involves moving parts and people. So when should you start tax planning? The answer is simple: right away. Often, tax planning strategies guide the ownership and operating structure that you put in place. This can include federal income tax...
by David Gordon | Sep 13, 2025 | Legislation & Industry News
As you know, the One Big Beautiful Bill Act (OBBBA) was signed into law on July 4th, 2025. CPAs across the country, myself included, have speculated about this legislation for months, and now we finally have our answers. I’ve since worked my way through the entire...
by David Gordon | Jun 17, 2025 | Aircraft Ownership and Acquisition
As a CPA, I often talk to aircraft owners who’ve relied on advice from friends or non-aviation advisors—only to have been hit with big tax surprises later. That’s why, if you’re considering purchasing a jet, upfront tax planning is essential. The rules can be tricky,...
by David Gordon | May 19, 2025 | Legislation & Industry News
On Monday, May 12, the House Ways and Means Committee released the first draft of its proposed tax reform bill, titled “One Big, Beautiful Bill.” The first draft includes proposals on many anticipated items and introduces several new concepts. It’s organized into four...
by David Gordon | Apr 16, 2025 | State and Local Tax
You may have heard of a fly-away state or a resale exemption; these are just two examples of state exemptions for sales and use tax on an aircraft. Last month, I mentioned that aircraft are mobile property and can be taxed in multiple jurisdictions. That’s why it’s...
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 | Feb 20, 2025 | State and Local Tax
So you took delivery of an aircraft in a fly-away state. You’re in the clear, right? Not necessarily. Aircraft are mobile property and can be taxed in multiple jurisdictions. States are becoming more savvy and are starting to enforce compliance. With increased...
by David Gordon | Jan 23, 2025 | Aircraft Ownership and Acquisition
Our firm has been seeing an increase in multi-owner aircraft structures over the past few years. This means you share aircraft ownership, which is a great way to cut down on overhead and reduce your overall costs of ownership. However, what many owners do not realize...