Generally Accepted Accounting Principles

Jul 28, 2008 - 11:52 AM
A new federal tax-cut law contains an increase in the bonus depreciation percentage from 30 percent to 50 percent in the first-year allowance for the purch
Jul 9, 2008 - 11:41 AM
Sentient Jet Holdings, parent of Sentient Flight Group, today revealed that its financial backers have agreed to provide a new supply of funding to help th
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
May 7, 2008 - 11:23 AM
Many business gurus believe knowledge is power, but the ability to transform that wisdom into action is the real measure of success.
May 7, 2008 - 11:06 AM
The acquisition costs of the three diagnostic systems assessed above vary markedly, but what is the annual cost of ownership to operators? To calculate thi
Feb 27, 2008 - 5:44 AM
President Bush signed an economic stimulus plan on February 13 that extends bonus depreciation for new aircraft purchased and placed in service through nex
Dec 14, 2007 - 6:53 AM
Both houses of Congress passed a bill that extends until December 31 next year the “placed-in-service” deadline for business aircraft purchased on or befor
Nov 26, 2007 - 8:21 AM
At the NBAA Convention last month, credit for a recent increase in used aircraft sales was frequently given to the bonus depreciation benefit that is part
Oct 10, 2007 - 5:31 AM
President Bush planned to sign legislation that will increase from 30 percent to 50 percent the first-year depreciation allowance for capital goods, includ
Oct 3, 2007 - 10:25 AM
A one-year extension of the accelerated bonus depreciation for general aviation aircraft purchases was included in S.1637, the Jumpstart Our Business Stren