Aviation Tax and Aircraft Sales Tax

The aviation professionals at Advocate provide turnkey aircraft tax consulting services designed to maximize income tax savings, minimize sales and use tax costs, control property tax, and avoid federal excise tax, all within the strict mandates of the Federal Aviation Administration Regulations.

Aircraft Income Tax

Aircraft State & Local Tax

Aircraft Operations & Law


Stay on the cutting edge of aviation tax and aircraft news specifically designed for aircraft owners and operators.

Please enter your email address below to subscribe to our updates.

Aircraft Structure and Tax Planning

Author: admin 22.02.2011

Careful planning and structuring is necessary to assure the most beneficial tax results. In many instances it is possible to legally avoid or greatly reduce the aircraft sales or use tax that would otherwise apply. A taxpayer must be mindful of hobby loss and passive activity rules so as to avoid adverse tax treatment. A thorough understanding of activity grouping is key to minimize audit exposures. This video provides unique insights into the issues and potential solutions

Share

Comments are closed.

Advocate Consulting Legal Group, PLLC. 3073 Horseshoe Drive South, Naples, FL 34104. Suzanne Meiners-Levy, Esq. (239) 213-0066. IRS Circular 230 Disclosure.  New IRS rules impose requirements concerning any written federal tax advice from attorneys.  To ensure compliance with those rules, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under federal tax laws, specifically including the Internal Revenue Code, or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Privacy Policy. Terms of Use. RSS Feed