Section 179: Ready to Act

Tuesday, December 9, 2014

Updates:  http://www.forbes.com/sites/ashleaebeling/2014/12/19/obama-signs-2014-tax-extenders-money-in-your-pocket/

http://www.nbaa.org/admin/taxes/depreciation/bonus/20141219-extension-of-50-percent-bonus-depreciation.php

Thinking about buying an airplane before year end?

The Senate will vote on the Tax Extenders Bill (which includes Section 179 Accelerated Depreciation) this Wednesday. Here are a few steps you can take right now to ensure that your year-end aircraft purchase goes smoothly if the Tax Extender Bill is passed:

  1. Consult with your accountant to see if investing in an airplane under Section 179 is a good move for your business.
  2. Get your financing pre-approved. AirMart’s aviation lending partner, Banterra Bank, consistently receives good reviews from our customers. Contact Dave Madden in Aviation Lending.
  3. Identify the aircraft that best fits your mission profile. Exploring AirMart’s current inventory is a good place to start. View AirMart's Inventory.
  4. Have the proper insurance in place. AirMart’s insurance partner, Sutton James specializes in aviation insurance. Contact Caitlyn Jones-Henry for a no-obligation quote.
AirMart, Inc. is a family-owned business with more than 40 years of experience in aircraft sales. We work with high-quality aircraft and are dedicated to providing our customers with excellent service every step of the way.
If the 2014 Tax Extender Bill is not passed on Wednesday, December may still be the right time to invest in an aircraft for 2014. Ask your accountant about the possible benefits for your business.