Last updated: • Not tax advice
Eligibility & Recordkeeping
Qualified business use, substantiation of flights, entertainment-use disallowance awareness, and entity/ownership structure all shape treatment. Coordinate with a CPA early.
Phase‑Down Awareness
Bonus depreciation percentages may phase per current law unless extended. Section 179 thresholds can adjust. Monitor updates via IRS and NBAA.
Financing Coordination
Depreciation affects taxes, not cash. Model after‑tax cash flow in the calculator and align payment cadence with business cash cycles; see payment frequency.
External: IRS Pub 946 · IRS Pub 535 · NBAA Tax