The AvTax Advisors Webinar Series begins with “Tax Reporting and Compliance for Business Aircraft.” Presented by Letisha D. Sailor on February 19, 2026, at 3:00 pm ET.
Tax Reporting and Compliance for Business Aircraft: The best audit defense for aircraft owners and operators consists of (1) comprehensive documentation and (2) consistent regulatory compliance in calculating and reporting tax deductions. As the tax season begins, now is the time to review your aircraft’s operating structure, agreements, and flight records, and ensure that your structure is consistent with your tax-savings goals. We will discuss:
- Required flight log contents and supporting documents.
- Reviewing accounting records and flight logs for consistency with dry lease/aircraft operating agreements.
- Required tax calculations and reporting arising from personal use.
- Calculating deductible business use of aircraft.
- Selecting the right depreciation schedule.