San Antonio Area Business Aviation Alliance
R.C. Newman Scholarship Application
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Meeting Information
SAABAA June 2009 Meeting Notice
Date: June 25, 2009
Time: 11:30 a.m. to 1:00 p.m.
Place: Little Italy (located on the corner of West Avenue and Afterglow)
Where: Big Apple Room right under the Statue of Liberty
Menu: Appetizer, Salad, Choice between 2 entrees, non-alcoholic beverage and dessert
tax and tip included for $15.00
Please RSVP to: bobbyescott@yahoo.com
If you have any item you would like discussed on the agenda, please contact bobbyescott@yahoo.com
We look forward to seeing you there.
The Board of Directors of SAABAA
If you are interested in receiving fax copies of the NOTAMs issed by SAT Airport Operations, please email your name, company name and fax number to:
Nathan Polsgrove
Airport Operations Supervisor
San Antonio International Airport
Nathaniel.Polsgrove@sanantonio.gov
The TSA wants to be notified of suspicious actions:
Planehook...preparing for the 2009 Tax Man
Something I took away from yesterday's meeting was the concern over
business aviation remaining a cost-effective tool. I didn't want to
bring this up then--it would have appeared a little
too self-serving--but there is a way to reduce the tax basis for those
flying on business aircraft. The specifics are in IRS Rule 1.132-5
(here's the link)
http://www.irs.gov/businesses/corporations/article/0,,id=134943,00.html .
Scroll down to the section titled Security-Related Transportation. This
fringe benefit tax rule provides a means to reduce the tax basis for the
executives whose use of business aviation is considered a taxable
benefit. The gotcha in this is to have an independent security study
performed because an internal company security study won't withstand a
tax audit. But ultimately, if the primary users of your flight
departments are deriving benefit at a lower tax basis, they'll be less
inclined to reduce pilots, technicians and aircraft.
I see having SAABAA members know about this tax rule as a form of job
security. If you have any questions, please don't hesitate to contact
me because I think this next tax year is going to be pretty difficult on
all of us.
Cheers from Windcrest,
Dave
David C. Hook, PSP
President
Planehook Aviation Services, LLC
"Securing aviation one airport at a time"
FAA Recently Published Rulemaking Documents
San Antonio Area Business Aviation Alliance
Texas Civil Air Patrol Bexar County Senior Squadron
Click above and let your voice be heard!!!
