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Stephen Dickson Sworn in as FAA Administrator

Stephen Dickson became the 18th FAA administrator on August 12, 2019, as sworn in by U.S. Transportation Secretary Elaine Chao. The ceremony took place in the West Atrium of the U.S. Department of Transportation in Washington, D.C.

Advocate Shareholder quoted as Aviation Tax Expert by the Wall Street Journal

Title: Tax Change Helps Executives Afford Pricier Planes

Author: Rachel Feintzeig – Sept. 12, 2018

Source: Wall Street Journal

The recent changes to the tax code are giving business executives a new perk: the opportunity to deduct the entirety of a corporate-jet purchase.

President Trump signed more than 100 changes to the U.S. tax code into law at the end of last year. Among them: The price of a new or used airplane purchased by a company can be a 100% write-off against its earnings.