Monthly Archives: October 2013

If you are baffled by the gift tax you are not alone. The gift tax is often confusing because there are two types of exclusions: the annual exclusion and the lifetime exclusion. Each year a person can give any number … Continued

Bonus Depreciation available for new aircraft purchased in 2013. A bill passed by Congress on January 2, 2013 to address the “fiscal cliff” includes language that new aircraft , as well as new equipment purchased and installed in used aircraft, … Continued