IRS: Party's Over for Corporate Jets

Written by Indiana 105

Tuesday, August 07,2012 | 8:01 am

The Internal Revenue Service’s rules about corporate jets and non-business use, disallowing tax deductions for entertainment, are “overly burdensome,” said the National Business Aviation Association. Scott O’Brien, senior manager of finance and tax policy of the National Business Aviation Association, said the American Jobs Creation Act of...