Opioid Abuse Is Everywhere
Opioid Abuse is Everywhere
Tax Changes Affecting Business Aviation
The Tax Cuts and Jobs Act of 2017 (the “2017 Act”), which was passed by Congress and signed by the President on December 22, 2017, contains a number of provisions that directly impact owners and operators of business jet aircraft; this Legislative Alert summarizes those provisions that are most pertinent to aircraft owners and operators. […]
There is a New Antitrust, You Need to See How It Applies to Your Association
Antitrust Law 101 teaches us that the antitrust laws are designed to protect the consumer by outlawing unreasonable restraints on trade and unfair and deceptive trade practices. Association executives know about the basic antitrust laws. Association executives and association lawyers have applied these laws to various industry associations and professional societies for decades and […]
Defending a Federal (IRS) Income Tax or Excise Tax Audit or a State Sales and Use Tax Audit
This webinar, hosted by GKG Law's Keith Swirsky, provides a detailed overview of the process of preparing for, participating in, and defending a federal income tax or excise tax audit and a state sales and use tax audit of an aircraft owner/operator. The webinar includes a discussion of the process and procedure utilized in each type […]
Jets and Taxes: 5 Things Business Jet Owners Need to Know about the New Tax Law
What the New Tax Law Means for Business Jet Owners Depending on your circumstances, the tax reforms could give you a break, or they could prove costly. The full text of the article may be viewed here.
Options for Allowing Third Parties to Use Your Aircraft – Income Tax, Excise Tax and Sales Tax Considerations
This webinar provides an overview of (i) options available in connection with allowing affiliated persons and unaffiliated third parties to utilize a business aircraft including Part 135 aircraft charter, aircraft time sharing and interchange arrangements under Part 91.501, and aircraft dry leases under FAR Part 91, with a discussion of specific income tax, excise tax and […]
UPDATED: The Effect of the Tax Cuts and Jobs Act on Tax-Exempt Associations
UPDATED The Effect of the Tax Cuts and Jobs Act on Tax-Exempt Associations
Updated: The Effect of the Tax Cuts and Jobs Act on Tax-Exempt Associations
On December 15, 2017, the House of Representatives published the Conference Report resolving the differences between the versions of the “Tax Cuts and Jobs Act” passed by the House (the “House Bill”) and by the Senate (the “Senate Bill”). The Conference Report represents the final version of the “Tax Cuts and Jobs Act” (the “Tax […]
Bonus Depreciation Update / Tax-Free Exchange Aircraft Exchanges under Code Section 1031
Tax-Free Aircraft Exchanges Under IRC 1031
New Developments in State Sales and Use Taxes on Aircraft and Key Sales and Use Tax Planning Tools
New Developments in State Sales and Use Taxes on Aircraft and Key Sales and Use Tax Planning Tools