Category: Blog Post

Fractional aircraft ownership programs sit at the intersection of FAA Part 91 Subpart K, federal excise tax, federal depreciation, and a special $300 Florida sales tax cap. The reporting and compliance picture is unique and very different from charter or whole-aircraft ownership. Fractional aircraft ownership...

Hangar fees are a fixed operating cost the IRS treats as part of the total expense pool subject to allocation between business, personal, entertainment, and commuting use. Florida adds a 6% sales tax on top of the rent itself. Hangar fees rarely make headlines, but...

Trusts are expressly barred from the Section 179 election, worth up to $2,500,000 in immediate deductions for 2025. For aircraft owners focused on deductions, entity selection is the first decision that matters. Should you hold your aircraft in an LLC or a trust? Both provide...

If the IRS challenges your aircraft’s claimed business use percentage, it is crucial to provide detailed, contemporaneous documentation that supports how the aircraft was used. The burden is generally on the taxpayer to substantiate business versus personal use. In Florida and nationwide, aircraft owners who cannot produce accurate flight logs, expense allocations,...

A six-figure tax bill can turn your dream aircraft upgrade into a financial nightmare. Federal depreciation recapture and Florida sales tax both apply to trade-ins, and without proper planning, these costs catch many aircraft owners off guard. You’ve found the perfect aircraft upgrade, negotiated a...

The IRS requires heightened substantiation for aircraft expenses. Inadequate records can result in denied deductions and depreciation recapture. Aircraft ownership offers significant tax benefits, but the IRS subjects these deductions to heightened scrutiny and documentation requirements. Inadequate records can result in denied deductions, recaptured depreciation,...

Accurate documentation of your aircraft's use is crucial; inconsistencies can raise red flags and trigger audits. Keep detailed flight logs and verify exemption eligibility to minimize your audit risk in Florida. Florida is a hub for private and general aviation and a hotspot for aircraft...

For Florida aircraft owners, maintaining meticulous flight logs and detailed records is essential for substantiating deductions. Without proper documentation separating business and personal use, you risk losing legitimate tax benefits during an audit. Stay organized to protect your investment and maximize your deductions. Business aircraft...

Whether you're purchasing a corporate jet or managing a fleet, understanding how depreciation works under current law is essential.  This guide from our Tampa tax attorney outlines key depreciation strategies, timing considerations, and compliance tips specifically tailored to Florida aircraft owners. With proper planning and documentation, you can...

Owning a private aircraft offers unmatched flexibility and convenience—but it also comes with complex tax rules. One of the most misunderstood is the personal use disallowance. At AVTax Advisors, PLLC, we help Florida-based aircraft owners understand how this rule works, how to stay compliant, and how to avoid costly IRS disputes.