Entertaining thoughts about what the new tax laws mean for your bizav travel? They’re a decidedly mixed bag for business aircraft owners and charterers: better for aircraft depreciation schedules – including preowned aircraft – but not for entertainment travel expense deductions. In Deduction Reduction, Alan Goldstein, CPA, details which business aircraft operating costs remain deductible – and when.
Those new depreciation rules are spurring many companies to buy their first aircraft. Most are opting for management companies to operate their aircraft, rather than starting their own flight department. And many existing owners are making the move to pooled operations. Find out why in Triggers for Change, by Tom Connelly.
Business Aviation Advisor's content is presented by experts in all aspects of aircraft management: professionals knowledgeable in operations, legal and regulatory issues, insurance, aircraft finance, human resources, aviation real estate, charter and charter brokers, safety management providers and auditors, and third-party as well as owner aircraft management. These authorities provide Business Aviation Advisor readers with the most current and pertinent information they need to make the most effective and informed decisions about their business aviation investments.