BarbriSFCourseDetails
  • videocam Live Webinar with Live Q&A
  • calendar_month March 26, 2026 @ 1:00 p.m. ET./10:00 a.m. PT
  • signal_cellular_alt Intermediate
  • card_travel Tax Law
  • schedule 90 minutes

Federal Tax Issues and Pitfalls of Aircraft Ownership

Required Documentation, Recordkeeping, Deductible Business Use, Tax Implications of Personal Use, Depreciation Schedule

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$347.00
$294.95
Save $52.05

Discount expires 2/18/26

This course is $0 with these passes:

CLE
CPE
ALL
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About the Course

Introduction

This CLE/CPE course will provide guidance to tax attorneys and advisers on the applicable tax rules, reporting requirements, and tax compliance for business aircraft ownership to minimize or defend against IRS audits. The panel will discuss reduced or eliminated tax deductions, calculating and reporting available tax deductions, proper documentation to avoid audits, opportunities for tax savings, and pitfalls to avoid.

Description

The ownership of a business aircraft comes with significant federal tax implications and offers opportunities for optimum tax benefits with careful planning. Tax attorneys and advisers must recognize the impact of key tax provisions on business airplane ownership and implement tax planning techniques to ensure the best results for taxpayers.

Aircraft ownership tax issues involve complex IRS rules that must be considered to correctly account for deductible expenses to secure tax savings for taxpayers. Tax professionals must navigate the bonus depreciation requirements, issues stemming from business versus personal use, and other items that could prompt high IRS scrutiny.

In addition, tax counsel and owners must consider the hobby loss rules, consequences of related-party leasing, and passive activity loss limitations, along with many other federal tax issues.

Listen as our distinguished speaker discusses federal tax rules impacting aircraft ownership, calculating and reporting available tax deductions, proper documentation to avoid audits, opportunities for tax savings, and pitfalls to avoid.

Presented By

Letisha D. Sailor, Esq.
Founder & Managing Member
AvTax Advisors, PLLC

Ms. Sailor has over 20 years of aviation, tax, and accounting experience. She has assisted hundreds of aircraft owners and operators with aviation tax planning to minimize state tax consequences, maximize federal tax deductions, meet FAA regulatory requirements, and ensure ongoing compliance with recordkeeping and reporting requirements. Ms. Sailor has also assisted clients with structuring a vast number of aircraft transactions, including drafting and negotiating purchase/sales agreements, dry lease agreements, aircraft and charter management agreements, and co-ownership agreements. In addition to tax planning and structuring, she has represented numerous aircraft owners and operators in all aspects of state and federal tax examinations, including representing clients during audit examinations and administrative appeals; negotiating with IRS and state revenue personnel to resolve tax assessments; and representing clients before the U.S. Tax Court and state courts and administrative tribunals. Prior to founding ATA, Ms. Sailor was a Principal at GKG Law, P.C. (2023-2025) in the business aviation and tax practice group and a managing attorney at Advocate Consulting Legal Group, PLLC (“ACLG”), an aviation tax firm she joined in 2009.  

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Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

  • CPE credit is not available on recordings.

  • BARBRI is a NASBA CPE sponsor and this 90-minute webinar is accredited for 1.5 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).


  • Live Online


    On Demand

Date + Time

  • event

    Thursday, March 26, 2026

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I. Tax treatment of aircraft ownership under current tax law

II. Sec. 162 ordinary and necessary requirement

III. Sec. 183 hobby loss limitations

IV. Sec. 469 passive activity loss limitations

V. Depreciation issues

A. Sec. 168

B. Sec. 179

C. Sec. 280F requirements

VI. Key planning techniques to maximize tax benefits

The panelist will review these and other key issues:

  • What are the tax pitfalls to avoid for aircraft ownership under current tax law?
  • How do you calculate and deduct aircraft expenses?
  • What are the tax issues regarding related-party leasing?
  • What are the best practices in navigating depreciation concerns?
  • What are the hobby loss rules and traps to avoid?

Learning Objectives

After completing this course, you will be able to:

  • Identify the tax changes that impact aircraft ownership and other business, entertainment, and travel expenses
  • Establish whether the costs of flights are deductible
  • Understand requirements under Section 162 regarding aircraft ownership
  • Recognize issues stemming from the bonus depreciation requirements
  • Ascertain methods to avoid issues stemming from related-party leases
  • Ascertain the extent to which state sales and income taxes impact the business ownership of aircraft
  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of pass-through taxation, including taxation of partnerships, S corporations and sole proprietorships, qualified business income, net operating losses and loss limitations; familiarity with net operating loss carry-backs, carry-forwards and carried interests.

BARBRI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .