Everything you said "why can't he?", he CAN... IF he is the actual company/entity. That is, if he owns the company and is doing the company taxes.
Employee income is not treated the same way that company/entity income is. That's it in a nutshell, all this tax discussion. If you have a business, taking the risks and having to pay costs to generate income, you can write off the entire enchilada of tax writeoffs. If you're an employee, you are very limited.

I was a little bummed that I can't write off all my full commute expenses myself... I did a sched C as "Pilot Roadkill LLC" with Delta income in there, to see what kind of difference it made, several years ago. So I'm with you in wishing I could write off more of my commute expenses... but the gov't doesn't see my employee expenses as unusual and thinks commute costs and driving to work is something every employee should have to cover. :(

I assume most of your comments on this are rhetorical and intended to invoke discussion of other ways of running taxes. I was surprised you couldn't see the clear advantage of sitting on your own aircraft, without hundreds of people hassling you for your autograph etc. in the airport, plane, airport. When your business success depends massively on you personally being rested and unstressed to score well, Delta/UCal etc. don't hold a candle to a personal jet. When you are a celebrity that has a serious risk of stalkers, crowds pushing crazily, etc., a personal jet is massively "safer". These are both absolutely reasonable. If I was the owner of "TigerWoods LLC" and I paid Tiger a stipend as my employee to win for me, you can be damn sure I would consider 5 star restful hotels, private limos, and private jets critical and necessary business expenses, so long as their use IN MY MIND and experience, created value for my company.

Sorry, but 75% of all this tax stuff written here seems to be communist/socialist inspired drivel with an employee mindset that is vastly different than the mindset of an employee who worked his way up to owning a company.

They will not override it with the coverage you mention. You could give your 2 day away and white slip it.

DEFENDING YOUR AIRCRAFT DEDUCTIONS BEFORE THE IRS | Aviation Tax and Aircraft Sales Tax


The Internal Revenue Service has developed a specialized examination procedure for aircraft owners. Although income tax examinations by the Internal Revenue Service are adjusted as needed, you should anticipate a review of the following items:
1. Is your aircraft undertaking a trade or business, or a non-deductible hobby?
2. Do you have an “honest expectation of economic profit”?
3. Do you have a business plan, and was it written before you were notified that you were being examined by the Service?
4. Have you made an election to group the aircraft undertaking with another trade or business undertaking for purposes of complying with the “hobby loss” rules?
5. Do you materially participate in this activity, and have you kept contemporaneous documentation of your time devoted to the undertaking?
6. Have you made an election to group your aircraft undertaking with your other business undertakings for purposes of the “passive activity” classification?
7. How have you documented personal use, and what adjustments have been made as a result of the use?
8. Have you kept a contemporaneous record of the business purpose of each passenger on the aircraft?
9. Have all charges for transportation services, including reimbursements from shareholders and related parties, been subjected to federal excise taxes and the related tax remitted?
10. Are the expenses incurred ordinary, necessary, and reasonable in amount?
The first avenue of attack by the Service will generally be an attempt to reclassify the aircraft undertaking as a nondeductible hobby. Regulations promulgated by the Service outline nine non-exclusive factors designed to reflect the taxpayer’s intent. These include: the manner in which the taxpayer carries on the activity; the expertise of the taxpayer or his advisors; the time and activity expended by the taxpayer in carrying on the activity; the expectation that the assets used in the activity may appreciate in value; the success of the taxpayer in carrying on other similar or dissimilar activities; the taxpayer’s history of income or loss with respect to the activity; the amount of occasional profits, if any; the financial status of the taxpayer; and the involvement of elements of personal pleasure or recreation. Although these factors generally are self-explanatory, the Service is primarily concerned on whether or not you treat this activity like a business. Do you have separate books and records, separate budgets, have you made adjustments to make the activity profitable, and are you actively involved?
The second issue,...


It ain't as simple as Tiger makes it look.

I wouldn't bet on the 73N in DTW going so junior. The 7ER trips have gotten horrible. I could see some relatively senior guys bailing off the ER to graze at the top of another category.

Nu

"How about some senior guys just bail in general to the luxuries of Golf and nights playing Bingo," thinks the really Junior F/O. How do I tell them because of the unfreezing process I have no inner monologue. :eek:

With all this tax talk on APC, I have to wonder if the accountants and tax attorneys are laughing? Are their forums filled with AE rumors, aircraft acquisitions, airline merger speculations, and contract improvements?

Avgas is $6-$7 per gallon. Jet fuel isn't much less. How much of that is taxes. Don't forget that user fees affect much more than the top brass. How many more taxes should I pay just to do something I love? Gimme a break! GA flying is expensive enough already.

That's right eh! Hoser

Exactly. As someone pointed out, GA "user fees" are already included in the form of fuel taxes. The more you fly, the more you pay. Simple. Elegant.

Do you really want to create another government agency to collect the new fees?

Nu

FTB.... Thank you for defending corporate aircraft. I'm not here to say that all biz jets are used for just business purposes, but ours is used for that 90% of the time. I say 90% because we do some personal trips for our top few execs. Our company and most others use them as business tools. A lot of deals get sealed in the back that probably wouldn't on an airline. Also, the flexibility that we have with them is incredible. Our pax can be late and know their flight is there for them. Our guys work extremely hard and really appreciate the extra time they get not sitting in a security line or airline terminal. As far as costs go I can assure you we spend WAY more than our share than what is written off. Corp aircraft support a ton of other jobs than just the "fat cat CEO's" (as our potus calls them). There have been a lot of great corp jobs go the wayside the last 5 years and I'm sure there will be more. As far as security goes, it is more secure to travel on your own aircraft. Who knows who is sitting next to you in first class that is eavesdropping as you are trying to seal the deal with a potential client you are seated next to you. Don't hate too much on us corp guys...... We all want to see all professional flying careers earn more money, improve in quality of life, and increase in job security.

Disclaimer- I can see the writing on the wall and can easily see my company (Atlanta based) scrap the planes and go back to all employees travel on airlines. So, I'm hoping Ma Delta comes calling my name one day. I'd love to be a part of it and have more than just a few guys below me in the pecking order. Until then, if you see a blip on the tcas screen in the mid 40's that might be fisherpilot trying to get out of the way of you big boys