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IRS

Bonus depreciation

The profit (and pitfalls) of 100% bonus depreciation

opinion
Alasdair Whyte
14 Jul 25
0

Apart from the poor souls who work in hospitality, it genuinely seems like everyone in the northern hemisphere is either on holiday, just back from…

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MySky, an AI-powered cost-management platform for the aviation industry, has acquired the US State Tax Guide

MySky upgrades tax system to help with IRS audit focus

news
Alasdair Whyte
15 Mar 24
0

MySky has launched new modules for its MySky Tax software solution. The private aviation cost management platform is announcing these approvements just as the IRS…

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When the IRS comes knocking for business jets

opinion
Alasdair Whyte
23 Feb 24
0

After being rich, bankrupt and then rich again, Samuel Clemens* knew a lot about tax. As he famously said: “The only certainties in life are…

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PIA helps new jet co-owners ‘skip two-year wait and halve costs’

news
Mike Stones
8 Jan 24
0

Partners in Aviation (PIA) has helped new co-owners of a Bombardier Challenger 3500 and an Embraer Praetor 600 skip the current two-year wait to receive…

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Town Hall: ‘100% bonus depreciation not expected to go away this year’

news
Mike Stones
9 Mar 21
0

The 100% bonus depreciation available on business jet transactions since 2017 seems set to remain in place for the remainder of this year, René  Banglesdorf,…

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US Senate Bill officially drops “ticket tax” on US private jet flights

news
CJI Expert
4 Dec 17
0

A new US Senate Bill caused a Twitterstorm recently when it appeared to give tax breaks to US owners of private jets. The Tax Cuts…

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