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Cost Disallowance

Treas. Reg. §1.274-10 (10300)
Entertainment Cost Disallowance

Treas. Reg. § 1.274-10(e)(3) (10301)
Cost Disallowance - Flight by Flight Method

Treas. Reg. § 1.274-10 (d)(3)(i) (10302)
Depreciation for Cost Disallowance

IRC § 274 (c) (10303)
Foreign Travel Exemption

IRC § 274(a) (10304)
Entertainment Defined

IRC § 274(d)(4) (10305)
Documentation and Substantiation

Treas. Reg. § 1.274-4(d)(2) (10306)
Foreign Travel Exemption

Notice 2005-45 (10307)
IRS Guidance on Personal Use of Business Aircraft

IRC §267(b) (10308)
Related Parties and Relationships

IRC §707(b) (10309)
Partner and Partnership Transactions

Temporary Treas. Reg. § 1.163-8T(e ) (10310)
Debt Refinancing Rules

Reg 147171-05 (11006)
Deductions for Entertainment Use of Business Aircraft

Handouts for November 29, 2012 Webinar (50109)
Entertainment Cost Disallowance

Treas. Reg. §1.163-8T (10312)
Interest Tracing Rules



Depreciation

IRC § 168 (10700)
Accelerated Cost Recovery System

Treas. Reg. § 1.280F-7(b) (10701)
Listed Property Rules

Treas. Reg. § 1.280F-6 (10702)
Listed Property Special Rules and Definitions

IRS Publication 946 (10703)
How to Depreciate Property

Treas. Reg § 1.168(k)-1 (10704)
Bonus Depreciation

Letter Ruling 8312023 (10705)
"Green Aircraft"

IRC § 168(k) (10706)
Special Bonus Depreciation Allowances

IRC § 179 (10707)
Expensing Certain Depreciable Business Assets

Depreciation (10708)
Depreciationaut

IRC §1.274-2(e)(4) Primary purpose (10311)
Primary purpose is business if business use > 50%



FAA Regulations

14 C.F.R §61.113) (40102)
Private Pilot Privileges - Pro Rata Share Rule

14 C.F.R. § 91.501 (40000)
FAA Regulation - Large Airplane/Turbojet/Fractional Operating Rules

14 C.F.R. § 91.501(d) (40100)
FAA Regulation - List of Charged Expenses (2 Times Fuel Rule)

Federal Aviation Decisions Interpretation 1993-17 (40101)
FAA Guidance on applying FAR Part 91.501

14 C.F.R §61.133 (40103)
Commercial Pilot Privileges

14 C.F.R §119.1(e) (40104)
Air Carrier and Commercial Operator Certification

AC 120-12A (40105)
Common Carriage vs Private Carriage

FAA Legal Interpretation Johnson (40106)
Wet vs Dry Aircraft Leases - Aug 2011



FET (Flight Department Company)

IRC § 4261 (10800)
Federal Excise Tax Rules for Air Transportation

IRC § 4262 (10801)
Taxable Transportation Defined

IRC § 4282 (10802)
Affiliated Group Excise Tax Exemption

Form 720 Instructions (10803)
Instructions on how to fill out federal excise tax Form 720

Notice 2005-62 (10804)
IRS Notice - Aviation-grade Kerosene

IRS CCM 2012120026 (10805)
FET on Mgt Co Services



Hobby Loss

IRC § 183 (10500)
Hobby Loss Rules

Treas. Reg. §1.183-1 (10501)
Hobby Loss Regulations

Treas. Reg. §1.183-2(b) (10502)
Activity for Profit Test (9 Factors)



Ordinary and Necessary/Primary Purpose

Treas. Reg. §1.162-2 (10100)
Ordinary and Necessary/Primary Purpose

Treas. Reg. §1.162-2(a) (10101)
Ordinary and Necessary

Treas. Reg. §1.162-2(c) (10102)
Spouse related Travel

IRC § 162(a) (10103)
Ordinary and Necessary Internal Revenue Code

Treas. Reg. § 1.162-2(b) (10200)
Primary Purpose

Expenses for the Production of Income (10104)
Expenses for the Production of Income:absolute

Seating Capacity Rule (10405)
Treas. Reg. 1.61-21(g)(12)(i)(B)(2)



Other Federal Tax Regulations

IRC § Sec. 1031 (11000)
1031 Exchangeau

IRC § Sec. 1504 (11001)
Affiliated Group Defined

Treas. Reg. § 601.106(g) (11002)
Audit Appeals Refund Limitations

Treas. Reg. § 1.469-4 (11003)
Grouping Rulesa

American Jobs Act of 2011 - Proposed (11004)
Initial proposal to Congress of the 2011 American Jobs Act

Job Creation Act of 2010 (11005)
Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010

Rev Proc 2011-52) (11007)
Adjusts 2012 Sec 179 for inflation

Publication 463 (11008)
Travel, Entertainment, Meals & Cars



Passive Activity

IRC § 469 (10600)
Passive Activity Loss Rules

Treas. Reg. § 1.469-1T(e)(3)(ii)(A)-(F) (10601)
Passive Activity Loss - 6 Exceptions to Leasing Rules

Treas. Reg. § 1.469-5T (10602)
Material Participation Rules

Treas. Reg. § 1.469-5T(a)(1)-(7) (10603)
Material Participation - 7 Tests

Treas. Reg. § 1.469-4 (10604)
Definitions of Activity

Rev Proc 2010-13) (10605)
New Grouping Rules Effective January 2010



Presentations

Tax Benefits of Aircraft Ownership (50100)
Webinar 11-17-2011

Kammerer/Wolcott NBAA Webinar (50103)
Tax Benefits for Business Aviation 2011 (Jan 13, 2011)

Depreciation Update for Aircraft Used in Business (2011) (50102)
October 5, 2011

Tactics to Survive an IRS Audit (50101)
November 3, 2011

Florida Sales and Use Tax for Aircraft Owners Webinar (50104)
October 20, 2011

2011 Year End Tax Issues (50105)
11-30-2011 Webinar Handouts

IRS Reporting for Personal Use of Company Aircraft (50108)
IRS Reporting for Personal Use of Company Aircraft

Handouts for January 26, 2012 Webinar (50110)
Passive Activity Loss Limitations

FTS Overview December 2012 (50111)
Flight Tax Systems Software

01-31-13 Presentation Handouts (50113)
Powerpoint slides in handout format

05-16-13 Webinar (50114)
Powerpoint slides in handout format



SEC Regulations

Item §229.402 of Reg. S-K (30000)
SEC Regulation - Executive Compensation

Item §229.402(a)(2) of Reg. S-K (30100)
SEC Regulation - All Compensation

Item § 229.402(c)(2)(ix) of Reg. S-K (30101)
SEC Regulation - All Other Compensation

Item § 229.402(c) (30102)
SEC Regulation - Summary Compensation Table



SIFL

Treas. Reg. § 1.61-21 (10400)
SIFL and Charter Rate Regulation

Treas. Reg. § 1.61-21(b)(7) (10401)
Arm's Length Transaction Valuation

Treas. Reg. § 1.61-21(b)(6) (10402)
Charter Rate Method

Treas. Reg. § 1.132-5(m) (10410)
Bona-fide Security Rules

Treas. Reg. § 1.61-21(b)(6)(ii),(iii) (10403)
Charter Rate Method Examples

Treas. Reg. §1.61-21(g) (10404)
SIFL Rules

Treas. Reg. § 1.61-21(g)(12)(ii) (10406)
Fifty Percent Seating Capacity Rule - Multi-Leg Flight

Treas. Reg. § 1.61-21(g)(12)(iii) (10407)
Passenger Seating Capacity Defined

Treas. Reg. § 1.61-21(g)(4)ii (10408)
Mixed Use Flight - Business

Treas. Reg. § 1.61-21(g)(4)iii (10409)
Mixed Use Flight - Personal

IRS Pub. 15-B (10411)
Reporting SIFL to Employees

IRC § 162(m) (10412)
Employee Remuneration - Revenue Code

Treas. Reg. § 1.162-27 (10413)
Employee Remuneration - Regulation

IRC § 274(e)(8) (10290)
Full and Adequate Consideration

Treas. Reg. §1.61-21(g)(7)(i)-(8) (10414)
Aircraft Multiples and control employees defined

Announcement 85-113 (1985-31 IRB 31) (10420)
Special Accounting Period



State Codes and Regulations

FL Rule 12A-1.007 (20100)
Florida Sales and Use Tax Rules for Aircraft

FL Rule 12A-1.007(1)(b)1 (20101)
Florida Sales Tax: Trade-In Allowance Rule

FL Rule 12A-1.007(14)(b)1 (20102)
Foreign Military Personal Use Tax Exemption - Aircraft

FL Rule 12A-1.007(10)(g)1 (20103)
6% of 1% Sales Tax rule for resellers:absolute

FL Rule 12A-1.071 (20104)
Rentals, Leases or License to Use Tangible Personal Property

FL Rule 12A-1.071(4) (20105)
Florida Sales Tax: Lessee removes aircraft from Florida

FL Rule 12A-1.071(20) (20106)
Florida Sales Tax: Rental of Aircraft:absolute

FL Rule 12A-1.071(21) (20107)
Florida Sales Tax: Charter of Aircraft

FL Rule 12A-1.071(22) (20108)
Florida Sales Tax: Flight Instruction

FL Rule 12A-1.071(23) (20109)
Florida Sales Tax: Student Pilot Solo Flights

F.S. § 212.02 (20110)
Definitions used in Florida Sales and Use Tax Regulations

F.S. § 212.05 (20112)
Florida Sales, Storage and Use Tax Regulation

F.S. § 212.05(5)) (20111)
Florida - Maximum tax on purchase of boats

F.S. § 212.05(1)(a)2.f(VIII) (20113)
Florida Sales Tax Penalty

F.S. § 212.06 (20115)
Florida Sales and Use Tax for Registered Dealers

F.S. § 212.07(9)(b) (20116)
Mandatory Penalties when not collecting Sales/Use Tax in Florida

F.S. § 212.08(5)(i) (20117)
Florida Sales Tax Exemption - Aircraft Modification Services

F.S. § 212.08(7)(ee) (20118)
Florida Sales Tax Exemption - Aircraft Repair and Maintenance Labor

F.S. § 212.08(7)(rr) (20119)
Florida Sales Tax Exemption - Equipment used in aircraft repair and maintenance

F.S. § 212.08(7)(ss) (20120)
Florida Sales Tax Exemption - Aircraft used by Part 121 and 129 "common carriers"

F.S. § 212.08(7)(ggg) (20121)
Florida Sales Tax Exemption - 21 day rule for Non-Residents

F.S. § 212.08(7)(hhh) (20122)
Florida Sales Tax Exemption - Fractional aircraft ownership programs

F.S. § 212.08(11) (20123)
Florida Sales Tax Partial Exemption - Flyable Aircraft

F.S. § 212.11(1)(b) (20124)
Florida Tax Return Guidelines

F.S. § 222.17 (20125)
Florida Domicile Declaration

TIP No. 10A01-11) (20126)
June 2010 New Florida Guidelines on Aircraft Exemptions

FL Form GT-500002 (20127)
Suggested format for Affidavit for Exemption of Aircraft Sold for Removal from the State by a Nonresident Purchaser

F.S. § 212.0598 (20128)
Florida Mileage Apportionment

FL Rule 12A-1.056 (20129)
Rules for Florida Dealers submitting sales and use tax.

F.S. § 212.0597 (20130)
Florida maximum tax on fractional aircraft ownership interests

FL Rule 12A-1.091 (20131)
Florida Use Tax

Florida Tax Reporter 60-020 (20132)
Application of Sales and Use Tax in Florida

Form GT-800008 (20133)
Florida Sales and Use Tax Guide on Aircraft Owners and Purchasers

Florida Transportation Standard Industry Guide (20134)
Sales and Use Tax guide for air carriers, vessels and trucks

TAA No. 96A-038 (20135)
Technical Assistance Advisement - Florida DOR advisement on sales and use tax for buses leased for cross-country tours

FL Rule 12A-1.074 (20136)
Sales and Use Tax - Trade Ins

F.S. § 212.06(13) (20137)
Sales and Use Tax - Registered Aircraft Dealers

Sales and Use Tax on Boats Information for Dealers and Brokers (20138)
Tax rules and exemptions

TIP No. 02A01-09) (20139)
Inadvertant Sales and Use Registration Error Relief

LTA 11A-098 (Redacted) (20140)
Letter of Technical Advice

FL Statute 220.151(2)(c ) (20141)
Apportionment; methods for special industries

F.S. 212.08(3) Certain Farm Equipment (20142)
Exemption for Certain Farm Equipment



Tax Court Cases

Noyce vs. Commissioner (60100)
Ordinary and Necessary

Candelaria vs. United States (60101)
Passive Activity Loss and Grouping

Schumacher vs Commissioner (60102)
Passive Activity Loss and Ongoing Concern

Kenvill vs United States (60103)
Passive Activity and Aircraft Charter Activity

Knudtson vs Commissioner (60104)
Personal Use of Business Airplane/training

Kurzet vs Commissioner (60105)
Ordinary and Necessary/Personal Use of Aircraft

Richardson vs Commissioner (60106)
Ordinary and Necessary

Campbell vs Commissioner (60107)
Profit Motive for Leasing an Aircraft to a Related Party

Cornfeld vs Commissioner (60108)
Hobby Loss and Profit Motive

Louismet vs Commissioner (60109)
Hobby Loss and Aircraft Charter

Sutherland-Lumber-Southwest vs Commissioner (60110)
Cost Disallowance and Employee Fringe Benefits

Midland Financial Co. & Subs vs Commissioner (60111)
Cost Disallowance and Employee Fringe Benefits

Strangeland vs Commissioner (60115)
Material Participation - Airplane Rental Operation

Rabinowitz vs Commissioner (60116)
Hobby Loss/Profit Motive - Aircraft Charter Company

Rosenblatt vs Commissioner (60117)
Hobby Loss/Profit Motive - Aircraft Rental

Dunn vs Commissioner (60118)
Grouping, Ordinary and Necessary, Trade or Business Deductions

National Bankcorp of Alaska, Inc vs Commissioner (60112)
Cost Disallowance and Employee Fringe Benefits

Glick vs United States (60119)
Case involving Code Section 469 and "80/20" Rule

Kelly vs Commissioner (60120)
Passive Activity and Aircraft Leasing

Shaw vs Commissioner (60121)
Passive and Nonpassive Activites

Frank vs Commissioner (60122)
Passive Activity - Aircraft Rental

Petit Jean Air Service vs United States (60113)
Excise Taxes - Transportation by Air

Morton vs United States (Hard Rock) (60114)
Ordinary and Necessary/Depreciation Deduction/Like-Kind Exchange

Weekend Warrior Trailers, Inc. vs. Commissioner (60123)
Lack of adequate aircraft records and business use substantiation

American Aircraft Sales Intn'l vs FL DOR (60130)
Florida DOR Final Order 97-25-FOF

Lake Mead Air v US (60129)
Excise Tax Not Due for Tour Flights

Carl M. Worley, TC Memo 1980-51 (60124)
Lack of profit motive for aircraft leasing activity

Sartor vs Commissioner (60131)
Ordinary and Necessary/Flt Training

Douglas TC Memo 2011-214 (60132)
Depr: IRS Placed in service rules