The A to Z of Tax Depreciation for Aircraft Owners: How to Maximize Deductions and More
NBAA Webinar
GKG Law's Keith Swirsky conducted a National Business Aviation Association (NBAA) CPE webinar on Tuesday, October 13. During his session, The A to Z of Tax Depreciation for Aircraft Owners: How to Maximize Deductions and More, Keith discussed how best to maximize allowable depreciation deductions — a critical part of any tax planning strategy. Understanding the complex tax regulations surrounding business aircraft deprecation is important for all aircraft owners and operators. Attendee takeaways included:
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Determine the applicable depreciation schedules for business aircraft, including the potential availability of immediate expensing.
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Structure aircraft operations to maximize depreciation deductions.
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Identify and navigate potential limitations to depreciation deductions.
NBAA's recap of the session can be found here.
