Resource Materials

Ownership and Operation:   Registration Issues   The "Sole Purpose Company" Trap   The Risks of Using a Limited Liability Company   Sharing Aircraft Among Multiple Users   Aircraft Leasing Companies   Personal Use of Company Aircraft   Federal and State Tax Topics:   Income Tax Deductions on Aircraft   Coping with the New "Entertainment Flight" Rules   The Federal Transportation Tax and Tax Rates   The SIFL Rules and SIFL Rates   State Taxes on Aviation   The Myth of the Tax-Exempt Delaware Company   Miscellaneous Resources:   Glossary of Terms   FAA and Tax Forms   Some of these resource materials are in Adobe Acrobat (pdf) format. Click here to get a free reader.