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2013 Aircraft Bonus Depreciation – It’s Back!

Posted on Thu, Jan 31, 2013

Big Tax Savings for New Business Aircraft & Equipment Purchases

On January 2nd, President Obama signed into law H.R. 8, the ‘American Taxpayer Relief Act of 2012’ (2012 Tax Payer Relief Act, public law number P.L. 112-240).

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Tags: aircraft bonus depreciation, 2013 aircraft bonus depreciation

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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