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Practice Areas

Aircraft Income Tax

If you use your aircraft for business you may be entitled to income tax deductions. The tax savings available depend on the nature of business use and the ownership structure. With this in mind, our main goal is to provide aviation “TLC”. By providing Tax, Legal, and Compliance services in a single engagement, we strive to streamline the process of acquiring a business aircraft and managing the tax concerns and compliance needs on a go forward basis. Each client is supported by a Legal Advisor, Tax Advisor and Compliance Specialist. This team is responsible for service delivery under the engagement.

Advocate will assist in the development of the best available operational structure based on your specific facts, balancing numerous concerns, including: compliance with FAA regulations; minimizing exposure to Federal Excise Taxes; providing operational flexibility; achieving the maximum federal tax deductions that your situation allows; controlling liability to the extent possible; and minimizing the impact of state sales and use taxes.

The Legal Advisor, supported by the Compliance Specialist, forms entities, drafts purchase agreements, operating agreements, leases, management agreements and the like, and files them with the FAA when appropriate.

The Tax Advisor, working with the Legal Advisor, outlines record-keeping requirements, reviews compliance, and prepares aircraft tax returns. This includes bonus depreciation calculations, personal use computations, calculation of SIFL fringe benefit income and identifying potential expense disallowance associated with personal use.

Advocate’s custom built flight log portal simplifies client flight log/record keeping. The portal integrates into our proprietary software which converts your flight usage details into the financial outputs necessary to support proper tax reporting.

Finally, when/if you get examined by taxing authorities, Advocate will defend your deductions related to your aircraft through the administrative appeal level at no additional charge.

Advocate does not compete with your other advisor’s services but instead compliment them. By working with your advisors, Advocate develops an aircraft plan, integrates it into your overall planning, drafts necessary documents, and coordinates its execution.

Advocate Covers:

Our Results

Service Agreements

Piston Aircraft Comprehensive Service Agreement

For Piston Aircraft  – $5,000 per year

Small Turboprop Comprehensive Service Agreement

For a single Turboprop Aircraft costing less than $2,000,000 – $7,500 per year

Large Turboprop Comprehensive Service Agreement

For Turboprop Aircraft costing more than $2,000,000 – $10,000 per year

Our Team

Meet the Attorneys

Jonathan Levy


Suzanne Meiners-Levy


Joseph Quackenbush

Managing Attorney

Richard Yan

Managing Attorney

Do you love aircraft? Work with our team of professionals!

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With Us

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Latest Articles

“IRS Crackdown” On Private Jet Usage To Focus On Appropriate Record-Keeping And Reporting: Advocate Clients Are Well-Equipped For The Challenge

By Suzanne Meiners-Levy On February 21, 2024, the IRS announced it will use enforcement funds from the Inflation Reduction Act (PL 117-169) to initiate “dozens” of new audits focusing on […]

New FinCEN Requirements Create Reporting Obligations for Many Aircraft Ownership Entities: Understanding the Law and Its Requirements

By Suzanne Meiners-Levy & Joshua Blakeney On January 1, 2024, the Beneficial Ownership Information Reporting (“BOIR”) requirements under the Corporate Transparency Act (“CTA”) went into effect. The BOIR requirements under […]

100% Bonus Depreciation Extension is An Essential Piece of the New 2024 Tax Deal Proposed by Senate and House Tax Committees

By Suzanne Meiners-Levy On Tuesday, January 16th, 2024 top lawmakers on the Senate and House tax writing committees announced a deal on a wide range of tax issues, including several […]