by Eric Cartwright | Feb 26, 2024 | Uncategorized
IRS HEIGHTENS SCRUTINY ON AIRCRAFT Corporate jet usage continues to have the attention of the IRS. With the Internal Revenue Service increasing audit activity of individuals and companies with corporate aircraft, we urge you to review your position and ensure...
by Eric Cartwright | Feb 7, 2024 | Uncategorized
A checklist of some essential considerations as you approach your Co-Ownership structure. Identity of the Parties and Aircraft: Potentially identify a Managing Co-Owner. Co-Owners[Entity1][Entity2][Entity3]Owning Entity LLC/Co. Name State of...
by Eric Cartwright | Feb 7, 2024 | Uncategorized
The FAA is tightening the enforcement of Aircraft Leasing as a result of illegally Chartered Aircraft. This affects Leasing a Cessna 150, up to an A380 with varying degrees of visibility in the oversight. A Legitimate lease is needed for: Financing Tax Planning An...
