According to the American Recovery and Reinvestment Act of 2009, 50% bonus depreciation can be applied to all new, factory produced business aircraft purchased on or after Jan. 1, 2009 and to aircraft improvements such as avionics upgrades. In addition, Section 179 Expensing allows for up to a $250K deduction for aircraft purchases and capital improvements. For additional information, contact KCAC today at (866) FLY-KCAC or visit Aviation Tax Consultants at
www.aviationtaxconsultants.com.