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100% Aircraft Bonus Depreciation to Expire Soon...

Posted on Fri, Dec 09, 2011

Unless Congress votes for an extension, 100% Bonus Depreciation* tax incentives currently available for new aircraft purchased for business purposes in 2011, will end December 31st.  These significant incentives may provide up to 100% depreciation in the first year of service for qualified aircraft purchases.  In 2012, Bonus Depreciation is slated to drop to 50% -- however certain circumstances will also allow for 100% depreciation on 2012 tax returns if you act now.

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Tags: 100% bonus depreciation, aircraft bonus depreciation

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