Taxation in the United States

Apr 2, 2007 - 6:31 AM
Personal use of corporate aircraft is coming under increasing attack by Congress.<br />A bill has been submitted in the House of Representatives that seeks
Mar 16, 2007 - 9:46 AM
A tax seminar specifically geared toward Part 135 air-charter operators will be held on May 17 in Las Vegas in conjunction with the National Air Transporta
Mar 15, 2007 - 7:46 AM
California has amended its aircraft sales and use tax law, essentially closing a loophole that allowed buyers of aircraft and other big-ticket items to esc
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
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Jan 31, 2007 - 11:26 AM
The General Aviation Manufacturers Association has launched a campaign to extend the accelerated-depreciation schedule on new capital equipment–including b
Jan 31, 2007 - 6:22 AM
While general aviation interests hailed the tax law that extended the deadline for the 50-percent accelerated bonus-depreciation allowance for business air
Jan 29, 2007 - 10:26 AM
The Internal Revenue Service recently published Revenue Procedure 2003-85, which provides inflation-adjusted items for 2004.
Oct 11, 2006 - 7:50 AM
Air-taxi operators might be interested in checking out the DOT’s revised list of airfields that are designated “rural airports” for the purposes of the seg
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