Full Engagements (Federal & State Income Tax PLUS Sales Tax)

Our comprehensive aircraft engagement is a “turn-key” service that provides you extensive evaluation and recommendations for acquiring and operating your new aircraft.

We have three main areas of focus when creating your ownership structure:

  • Maximizing Federal & State income tax deductions.
  • Reducing or eliminating state sales tax on the acquisition or use of your aircraft.
  • Making sure you remain compliant with FAA regulations (FARS) in the ownership and operation of your aircraft.

Federal & State law are always in a state of flux and we continually monitor any relevant case law and guidance for changes that may affect our clients.

In addition to the strategic guidance we provide in our engagements, we take all actions necessary to implement our recommended structure, so that you only have to worry about conducting your business and flying your new aircraft.  We handle all sales tax and federal tax filings for you and we work with your tax professionals to make sure that your aircraft operations are in sync with your everyday business operations.

Finally, should the IRS or a State audit your structure or aircraft ownership, we will provide, at no additional cost to you, assistance in those proceedings through the administrative process (audit & appeals in IRS Examination

Click here to schedule a free consultation on our Full Aircraft Engagements

Sales Tax Only Engagements

If you don’t have business use of an aircraft, for which you could take federal deductions, you may still be able to avoid paying sales tax on the purchase of your aircraft, if you structure your purchase appropriately.  

Ascendant Aviation Tax & Accounting offers Sales Tax Only Engagements that allow you to reduce or eliminate your sales tax burden on the purchase of an aircraft.  This service is also turn-key and we will defend the sales tax structure in any state at no additional charge.

Click the box below to learn more about our Sales Tax Only Engagments