Attorney Troy Rolf dissects the details of depreciation and describes how this accounting principle can benefit owners of business aircraft. “Certain uses of an aircraft by a business entity that arguably may be considered qualified business uses nevertheless will not qualify under certain circumstances.” Business Aircraft Federal Tax Depreciation Basics (Part 1)
DOJ Targets Corporate Officers
New ADA Technical Assistance
Supreme Court – Same Sex Marriages
Associations Must Recognize Rights of Transgender Employees, Members and Guests
Good news, notes Attorney Troy Rolf. The General Assembly of the State of New York recently passed, and Governor Andrew Cuomo signed, sweeping tax changes with positive impact for owners and operators of aircraft. Sales and Use Tax Update New York Reform
Keith Swirsky describes in layman’s terms the benefits and complications of deferring taxable gains from selling an existing business aircraft and replacing it with another business aircraft. Like Kind Exchanges May 15 2015
Carriers continue to pursue demurrage and detention claims against shippers and NVOCCs. Indeed, it appears that many carriers view demurrage and detention claims as profit centers in an otherwise difficult ocean transportation environment. In such an environment, it is important for NVOCCs to recognize that there are a variety of defenses against such potentially catastrophic […]
Hotel Contracts
What should owners know about placing their business aircraft on a management company’s charter certificate? Keith Swirsky concludes his three part discussion series. Chartering your Aircraft 3 of 3