Following last month’s article, Attorney Chris Younger describes two additional mistakes that Boards make in connection with the acquisition and operation of business aircraft.
Business Aircraft Ownership & Ops: Common Mistakes, and How to Avoid Them (Part 2)
In this two-part series, attorney Chris Younger describes several common mistakes that Boards make in connection with the acquisition and operation of business aircraft.
Business Aircraft Ownership & Ops: Common Mistakes, and How to Avoid Them
Troy Rolf concludes his two-part review of the basics of depreciating a business aircraft with a consideration of the possible impact of mixing business use and commercial charter use.
Business Aircraft Depreciation Primer – Getting to Grips With The Basics
Troy Rolf reviews the basics of depreciating a business aircraft in this first of a two-part treatment of a significantly important tax issues.
Business Aircraft Depreciation Primer – Getting to Grips With The Basics (Part 1 of 2).
GKG Law hosted a FREE webinar on January 7, 2014, Defending a Federal (IRS) IncomeTax or Excise Tax Audit or a State Sales and UseTax Audit. Keith Swirsky and Chris Younger provided a detailed overview of the process of participating in, preparing for and defending a Federal income tax or Federal excise tax audit or a state sales and use tax audit that involves taxpayer owned and/or operated aircraft. This webinar included a discussion of the process and procedure utilized in each type of audit and the issues clients typically confront in the course of such an audit.
Defending a Federal (IRS) Income Tax or Excise Tax Audit or a State Sales and Use Tax Audit
What constitutes placing an aircraft "In Service" for tax purposes? Simply taking a business flight at the end of the tax year may not be enough, warns attorney Troy Rolf.