Taxation in the United States

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
May 21, 2008 - 11:10 AM
Business aviation operations in Arizona stand to benefit from new legislation that returns certain aviation tax revenues to the state’s airport improvement
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 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 - 7:17 AM
When President Bush last month signed a tax law that extends the “placed-in-service” deadline to the end of next year for new aircraft buyers to qualify fo
Dec 7, 2007 - 5:34 AM
A plan implemented last year to offset the city and county tax burden on airplane owners at Pitt-Greenville (N.C.) Airport has attracted more aircraft owne
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 8, 2007 - 5:54 AM
To help prevent “identity theft,” the FAA is urging pilots who hold an airman certificate that uses their Social Security number (SSN) as their certificate
Oct 4, 2007 - 11:51 AM
“The FAA, and the IRS…they really don’t think alike,” began tax attorney Gary Garofalo, first speaker at the NBAA Federal Aviation Tax Forum in Arlington,
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