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Expansion of Excise Taxes on Aircraft Management Fees Gasaway Tax - - PowerPoint PPT Presentation
Expansion of Excise Taxes on Aircraft Management Fees Gasaway Tax - - PowerPoint PPT Presentation
Expansion of Excise Taxes on Aircraft Management Fees Gasaway Tax Law Q: What is a CCA? Should I care? Why or why not? Gasaway Tax Law Q: Are there other IRS documents that support not applying FET to management fees? Gasaway Tax Law Q:
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Q: Are there other IRS documents that support not applying FET to management fees?
Gasaway Tax Law
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Q: Should I start charging FET? If yes, on what?
Gasaway Tax Law
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Q: Do I need to change my agreement? What
is the best way to structure/set up management and charter management agreements?
- Separate charter and personal aircraft management
documents.
- How fees are paid.
- Pilots.
- Insurance changes?
Gasaway Tax Law
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Q: If I’m audited should I have representation/assistance at initial meetings?
Gasaway Tax Law
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Q: What if IRS finds I owe? Should I appeal? What are my chances?
Gasaway Tax Law
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