Strategies for Tracking & Reporting Non-Business Use of Aircraft

October 20, 2013

By: Keith G. Swirsky

Keith Swirsky, President of GKG Law and Chair of the firm's Business Aviation practice, and Doug Stewart, AircraftLogs, gave a presentation on Strategies for Tracking and Reporting Non-Business Use of Aircraft, at the NBAA Tax, Regulatory & Risk Management Conference on October 20, 2013, in Las Vegas, Nevada. 

They addressed:

  • Understand how the IRS values non-business use of aircraft for fringe benefit purposes and how to properly report the usage
  • How do the entertainment use disallowance rules fit in with valuation of fringe benefits?
  • Review how to use tools such as timeshare agreements that allow reimbursement to the company for non-business use
  • Learn about strategies and best practices for tracking non-business use.