Continuing Education – 2023 NBAA Business Aviation Taxes Seminar
CPE Credit
Attending NBAA’s Business Aviation Taxes Seminar provides a maximum of 6.5 hours of continuing education (CPE) credits for accounting professionals. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.
NBAA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
| Program Knowledge Level: | Intermediate |
| Prerequisite: | None |
| Advance Preparation: | None |
| Delivery Method: | Group – Live |
| Maximum CPE Credit: | 6.5 hours |
| Fields of Study: | Taxes: 4.5 hours maximum CPE recommended Business Law: 2 hours maximum CPE recommended |
| Cancellation Policy: | A 10% processing fee will be charged for cancellations received in writing on or prior to May 6, 2023. There will be no refunds after May 6, 2023. |
| CPE Complaint Resolution Policy: | For more information regarding administrative policies, please contact the National Business Aviation Association. |
Learning Objectives
Completion of NBAA’s Business Aviation Taxes Seminar will achieve the following learning objectives:
- Discuss the types of reimbursements that occur under Part 91 and 135 for non-business use of aircraft and implications for IRS compliance.
- Understand how various FAA and IRS regulations assess situations where parties share use of an aircraft.
- Review the importance of depreciation and the various methods, including MARCS.
- Understand the application of the disallowance on commuting deductions and implications for aircraft use policies.
- Explain best practices for working with an aircraft management company, to include the application of FET exemptions for certain payments from aircraft owners to management companies.
- Analyze common state tax planning strategies including aircraft leasing, fly away, occasional sale and other exemptions.
CLE Credit
NBAA will provide registered attendees who have signed in and out with an emailed attendance confirmation letter following the Business Aviation Taxes Seminar. Attendees could be eligible for a maximum of 6.5 hours of continuing legal education (CLE) for full attendance.
NBAA does not submit this program for approval to any state bar or CLE provider. Attendees seeking CLE credit must submit their own application using information from this event page.
The attendance confirmation letter may be used as part of an individual application to a state bar for CLE credit. The number of CLE credits listed is the maximum allowable credits attendees can request from their state CLE provider, based on attendance for the full session.
For additional questions on continuing education credits, contact NBAA’s Benjamin Schwalen.
Any person who attends an NBAA convention, conference, seminar or other program grants permission to NBAA, its employees and agents (collectively "NBAA") to record his or her visual/audio images, including, but not limited to, photographs, digital images, voices, sound or video recordings, audio clips, or accompanying written descriptions, and, without notifying such person, to use his or her name and such images for any purpose of NBAA, including advertisements for NBAA and its programs.
International Business Aviation Council Ltd.