Overlooked & Misunderstood – The Basics of State Aircraft Taxes

By: Letisha D. Bivins

State taxes are often overlooked in general aviation. Whether you use your plane for business or just for personal pleasure, there are state taxes that may apply to your plane in one or more forms. Forty-four states impose sales and use tax on planes. In addition, 42 states impose annual personal property tax and/or registration tax on planes.

I often hear, “I took delivery in Oregon,

Business Flying and Taxes: What is Business Activity?

Bankruptcy Court Affirms a Taxpayer’s Ability to Take General Aviation Deductions for Aircraft that Supports Another Business

General aviation owners and operators are well acquainted with the ability of aircraft to build, support, and grow business operations of all sorts. The clients of our firm conduct myriad business operations ranging from farming to consulting, oil and gas to software, entertainment to medicine. They are as diverse as the economy itself. Meeting travel needs and allowing flexibility are essential roles for general aviation aircraft,

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.

Eclipse Jet Convention (EJOPA)

Stop by our booth to see how we can help you with aviation tax, legal, and compliance matters. Also plan to attend a presentation titled “Tax Reform and Flying for Business: A New Era” by Suzanne Meiners-Levy on Saturday, May 19th at 9:00am in the Bredesen Room.