WHAT'S IN
THE STIMULUS PLAN FOR PILOTS?
HOW ABOUT A TAX DEDUCTION ON A NEW
AIRPLANE?
Buried in the recently passed economic stimulus
package are some tax code revisions and extensions that continue the
accelerated depreciation schedule for buying business-related equipment.
And that includes airplanes. These code revisions are, in some cases,
retroactive for several years. To hear the full explanation and
potential, listen to this podcast with Lou Meiners of Advocate
Consulting, a firm that specializes in aviation-related accounting and
legal issues.
Click here to listen. (7.9 MB,
8:36)