Tax rules that stimulate aircraft purchases extended
January 3, 2013 By Jim Moore of AOPA Tax rules designed to encourage business aircraft purchases and overhauls have not only survived the fiscal cliff debate, but expanded. The legislation passed by Congress Jan. 1 extends so-called “bonus depreciation,” a type of accelerated depreciation, and also increased limits on deductible expenses for business-related aircraft purchases, … More Tax rules that stimulate aircraft purchases extended