Documenting Business Use of Your Aircraft—The More the Better.
As the year-end approaches, now is the time to make sure your logbooks and flight records are in order. Complete and accurate records will allow you to maximize aircraft-related deductions on your business or personal income tax return. The key principal to keep in mind when documenting the business use of your...
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Shared Use as a Solution to Limited Year-End Inventory or Need
Although the global pandemic has recently disrupted business travel, there is no doubt that efficient and flexible air travel is an essential business need. As more entrepreneurs and businesses recognize the benefits of general aviation, the demand for private air travel has increased, including demand for efficient but limited air travel. In...
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