You can still take 100% bonus depreciation in 2023
While many aircraft buyers in 2023 will be ‘stuck’ with 80% Bonus Depreciation for Aircraft they acquired this year, many taxpayers are unaware that they may still be eligible for the 100% Bonus Depreciation deduction. If you ordered an aircraft before January 1, 2023 and are taking delivery of the aircraft before January 1, 2024,…
The Secret is Out – You don’t have to pay sales tax on your Aircraft Purchase in California!
The Secret is Out – You don’t have to pay sales tax on your aircraft purchase in California.
Aircraft Buyers Make the Common Mistake Of Only Worrying About Sales Tax On Aircraft In Their ‘Home’ State
A common mistake made by people buying aircraft is that they only worry about their ‘home’ state when it comes to sales tax on aircraft…