Insights & Articles
The latest news and information on private aircraft ownership and operations
Jet Talk
Join 27,000 industry professionals for the most important three days of business aviation. Ranked as the sixth largest trade show in the United States, the Business Aviation Convention & Exhibition (NBAA-BACE) will be held Nov. 1-3, 2016, in Orlando, Florida, bringing together current and prospective aircraft owners, manufacturers and customers into one meeting place to […]
Read the full article...The 2016 election season has arrived, and with it, private aircraft owners have a unique opportunity to contribute more than a completed ballot, and accept more than a campaign promise. FARs Part 91 generally prohibits an aircraft operator from charging for flights; however, section 91.321 provides an exception for operators providing flights to political candidates. […]
Read the full article...Establishing a corporate shuttle can present numerous economic, legal and logistical challenges, but the long-term benefits, including internal and tax advantages, can make the effort worthwhile. Click here to download full article.
Read the full article...Before entering into an aircraft purchase agreement, it’s imperative to understand that sales and use tax requirements are state-specific. Failing to account and plan for sales and use taxes can result in an unexpected tax bill including substantial penalties and interest. Many states are increasingly prone to audit jet aircraft owners, but there are strategies […]
Read the full article...Every aircraft owner is potentially liable for a wide variety of state and local taxes: sales and use tax, income or franchise tax, personal property tax and/or registration tax. To make matters worse these tax laws vary from state to state, and can apply in multiple states. The attached article addresses the common problems, general […]
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