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Showing results for tags 'taxes'.
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From Deloitte's website (an example of other website's as well): One of the most important questions that must be addressed is when the cost of private aviation is considered an ordinary and necessary business expense. If business is typically conducted locally, or business travel is between...
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I was wondering if anyone knows the regulations on what can be tax deducted on aircraft ownership. As we all know, military aviation budget has been affected due to government secuestration. As an aviator in the Army, I was wondering if I could tax deduct flight training (out of my own pocket) in...
