Tax law changes enacted in the first few days of January 2013 include some good news for aircraft buyers. Bonus Depreciation benefits have been extended.

This article will explore and summarize Bonus Depreciation and will examine some practical considerations for taking advantage of this benefit. Sadly, 100% Bonus Depreciation is no longer available.

However, many deliveries of new aircraft in 2013 will qualify for 50% Bonus Depreciation. If certain additional qualifying conditions are met, aircraft placed in service in 2014 may also qualify for 50% Bonus Depreciation treatment. (more)