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You are here: Home / YouTube / Youtube income tax / Do I need to keep a flight log for my business helicopter?

Written by jonl

Do I need to keep a flight log for my business helicopter?


 

Transcript:

Business helicopters have become a more and more useful tool and are becoming more common in operation and practice in the US. Yes, you need to keep the same type of flight log that you would keep for any aircraft that you’re operating. We’re talking about taking federal income tax deductions for the helicopter. It can be a little bit challenging sometimes with a helicopter because with regular aircraft, it’s very easy to indicate the fixed based operator where you’re landing, and where you’re taking off, which is one of the requirements for the flight log. For helicopters, if you’re regularly landing in private areas, what you can do is use the latitude and longitude in order to indicate where you’re landing and where you’re taking off from which will allow you to comply with the aircraft flight log regulations under Section 274 of the code.

Filed Under: Youtube income tax

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Advocate Consulting Legal Group, PLLC. 3555 Kraft Rd. Suite 240 Naples, FL 34105 and 1300 N. Westshore Blvd. Suite 220 Tampa, FL 33607. Suzanne Meiners-Levy, Esq. (239) 213-0066. Tax Disclosure. 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.