Jet Talk

What the Tax Law Means for Your Operation
Kent S. Jackson | March 14, 2018

The “2017 Tax Cuts & Jobs Act” made it through the U.S. Congress in the waning days of December.  The controversial bill has garnered so much attention.  There are, however, some important provisions relating to aircraft purchases, operations and federal excise taxes that drew little notice by the media as the bill raced through the […]

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FBO Liability Hazards: What can go wrong on the road
Kent S. Jackson | February 16, 2018

Perhaps the most persistent FBO nightmare remains the February 2010 hangar collapse at Dulles Jet Center that damaged 19 aircraft. But snowmageddon hangar collapses are rare. Far more common are the dangers of a patch of ice at the bottom of an airstair, a harried lineman speeding in a fuel truck with bad brakes, or […]

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2017 Tax Cuts & Jobs Act: 100% Aircraft Expensing and FET Clarifications
Kent S. Jackson | January 9, 2018

Congress passed the 2017 Tax Cuts & Jobs Act late last year, and President Trump signed the Act into law on December 22, 2017. The Act repealed the long-standing IRC § 1031 like-kind exchange provision and replaced it with a short-term provision that provides immediate expensing for aircraft (i.e. 100% depreciation in the first year […]

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Kent Jackson gets ready for AirRace1 Thailand
Kali M. Hague | November 2, 2017

After taking 1st place in a qualifying race at Reno Championship Air Races, Kent Jackson gets ready to compete at AirRace1 in Thailand. Kent Jackson, Team Jetlaw"These things don't fly like anything else"🛩Team Jetlaw pilot Kent Jackson gets ready for #AirRace 1 World Cup in Thailand, which begins on 17 November.➡www.airrace1.comPosted by Air Race 1 World […]

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Air Charter Broker Rules: What Law Governs?
Kent S. Jackson | September 12, 2017

The DOT published a Notice of Proposed Rulemaking to require air charter broker disclosures. That was back in 2013. Prior to this proposal, the NTSB began calling for such a regulation after the 2004 charter flight crash in Montrose, Colorado.  How is the DOT regulating “unfair and deceptive practices,” which are prohibited by statute, without […]

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FAA Pilot Record Database: The New PRIA
Kali M. Hague | February 12, 2017

The FAA is deploying a new database of pilot information to replace the cumbersome PRIA request process. PRD will automate the PRIA process. Phase I of The Pilot Records Database (PRD) rolls out early this year. The remaining phases will deploy over the next few years. What does this mean for Part 91 and Part […]

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