Aircraft Tax Planning
Our Philosophy: Keep Your Hard-Earned Money in Your Own Pocket
Federal and State Tax Planning
For newly acquired aircraft, we assist clients with tax and operational planning to help ensure Federal and state tax efficiency and regulation compliance.
Tax Saving Opportunities
States Sales and Use Taxes
Do you have to pay state sales and use tax on your aircraft purchase? Yes. Are there exceptions and exemptions? Yes. We’ll help you find them.
Bonus Depreciation
Clients that qualify absolutely love writing off the entire value of their aircraft purchase in Year 1. To take advantage, numerous hurdles imposed by the IRS must be overcome.
Property Taxes and Registration Fees
Certain states impose property taxes and registration fees on aircraft. We help clients uncover which states impose those taxes and how to avoid them.
Aircraft Expense Deductions
The IRS permits aircraft owners that use their aircraft in a business or trade to write off operating expenses such as maintenance, fuel, tie-down or hangar fees, landing fees, insurance, and depreciation. Our attorneys help clients understand which deductions they can take and how to take them.
Our Proven Track Record
How it Works in 3 Easy Steps.
No-Hassle Legal Consult
Meet with one of our expert attorneys to discuss your goals and potential tax saving opportunities.
Identify Tax Saving Opportunities
We’ll identify opportunities and present you with a recommended course of action to achieve your goals.
Hold Onto Your Money
We’ll handle the details and architect the solution. You keep your hard earned money in your own pocket.
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"How To Mitigate State Sales and Use Taxes On Aircraft"
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