Before your family buys the airplane, put the tax savings to the test.

Before your family buys the airplane, put the tax savings to the test.

A substantial deduction can produce little current tax benefit. Personal flights can limit deductions even when the passenger reports taxable income.
In our latest Frazier & Deeter Family Offices article, Jeffrey Rosen, CPA, CGMA, MBA and I examine the ownership, operating and tax decisions that determine what an airplane will actually cost your family.

Read our new article below.