Now, the IRS is scrutinizing businesses' use of private aircraft, with the tax agency announcing that it will ramp up audits ...
The Internal Revenue Service will begin auditing dozens of companies over the personal use of corporate jets ... of these business deductions.” The audits are part of a larger IRS effort to ...
Be Ready For IRS Audits, Bizav Expert Advises is published in The Weekly of Business Aviation, an Aviation Week Intelligence ...
The IRS plans “dozens of new audits” of corporate jet usage as part of its increased scrutiny of large corporations, complex partnerships and top earners. The agency believes some companies ...
On Wednesday, the IRS announced plans to start dozens of audits on corporate jet usage ... tax purposes. Businesses can receive tax deductions for the cost of maintaining a private jet, as ...
(Bloomberg Law) -- The IRS is bringing the hammer down on the ultra-wealthy’s abuse of tax breaks on the use of corporate jets. The agency will begin three to four dozen new audits this spring ...
The IRS allowed them. Your swimming pool might qualify as a deduction too. SEE ALSO | Make use of IRS tools to track ...
Boeing's execs have been using the company's private ... use of private jets by its top executives. The Journal found that, in some cases, personal trips had been improperly classified as business ...
The IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of its sweeping effort to crack down on tax cheats. The tax-collecting agency aims to increase the ...