Expense

Sep 4, 2014 - 2:25 AM
Upcoming changes to U.S. tax law could affect how aircraft owners account for depreciation and expensive repairs.
Aug 7, 2014 - 2:25 PM
NetJets accounted for nearly a third of Berkshire’s $507 million revenue increase in its service businesses division.
Apr 8, 2014 - 2:45 PM
Flight Dept Advantage launched a program that relieves aircraft owners of all direct obligations related to payroll taxes, benefits and workers comp.
May 15, 2008 - 5:01 AM
Under a provision of President Bush’s economic stimulus package, purchasers of new aircraft can take a first-year depreciation deduction of 30 percent for
Feb 1, 2007 - 5:05 AM
Although an article in <em>The Washington Post</em> last month implied that the Internal Revenue Service now sanctions the extensive personal use of compan
Oct 9, 2006 - 5:52 AM
At press time, the Internal Revenue Service had yet to officially publish IRS Notice 2005-45, Deductions for Entertainment Use of Business Aircraft.
Oct 5, 2006 - 11:14 AM
The 2004 American Jobs Creation Act could have entirely the opposite effect on business aviation due to an “overreaching” IRS interpretation that’s causing
Sep 26, 2006 - 2:12 PM
Taxes–when, where, how and why they must be paid–and how to avoid them captured a major share of attention among the users and providers of business aircra