RECENT NEWS

Buy a Plane for Major Tax Deductions: Section 179 & Bonus Depreciation

Posted by Linda Rosenberg on March 31, 2016

TAX INCENTIVES AND FLYING PRIVATE FOR FREE

The cost of buying an airplane may be much lower than you think, opening up the possibility of aircraft ownership to many who not only appreciate the benefits of private aviation, but also to those seeking to maximize tax deductions. New tax laws also enable would-be owners to buy more airplane than they may have originally budgeted.

A tax package signed by Congress in December 2015 establishes sizeable tax benefits for those in the market to buy a plane. These tax incentives fall into two categories, which also domino into further reductions in tax liability.

  • Section 179 Expensing Election
  • Bonus Depreciation

To learn about these sizeable tax benefits, creative ways to minimize the expenses associated with aircraft ownership, and how you can fly private for free, download this white paper.

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Topics: Platinum Aircraft Owners Club, Buying a Plane, Flight Benefits, Aircraft Ownership, Tax Deductions

Get Something Back This Tax Season

Posted by Wendy Sheats on March 15, 2016

'TIS THE SEASON FOR RECORDS, RECEIPTS & RETURNS

With tax season in full swing, we want to help put something back in your pocket. For any Gold or Platinum Aircraft Owners Club Memberships purchased between 3/15 and 4/15, we're giving you an additional $415 flight credit on top of already exceptional benefits.

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As a member, you pay the upfront cost, and deduct each flight from your FlightCard balance as you travel with a 15% discount off of your flights. You will receive highly personalized concierge-style service and exclusive benefits.

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Topics: Flight Benefits