“T and E and out by three,” is a long-standing adage among IRS agents, reflective of the fact that Congress has elevated the recordkeeping requirements for travel and entertainment expenses, […]
First in a Series – Federal Income Tax Examinations Introduction There has been an increase in federal income tax audit activity for high net-worth individuals and profitable small businesses. […]
The best way to protect your aircraft deductions is travel for business and thoroughly and consistently retain documents you can use on audit to show (1) the business reason for […]
Getting the most out of the 2010 Tax Relief Act.
To Maximize Deductions The Taxpayer Must Place Aircraft in Service in 2013 Current tax law provides for both bonus depreciation and an enhanced expensing election available to new aircraft purchasers. […]
Title: TBMOPA Annual Convention Location: Hotsprings, VA Description: TBM Owners and Pilots Association, Inc. Annual Convention Start Date: 2010-09-08 End Date: 2010-09-11