Act Now to Explore and Preserve Possible Write Offs of up to 80% of Your Aircraft Purchase in 2017.
Response to the Cirrus G6 has been overwhelming, and unprecedented demand has resulted in a limited number of aircraft remaining for 2017 delivery. If you use your aircraft as a business asset, or you are thinking about doing so, now is the time to order your 2017 Cirrus G6.
2017 offers a unique opportunity to possibly benefit from the most advantageous tax savings offered in recent history. 50% Bonus Depreciation, significant proposed decreases to corporate tax rates1, and continuation of the $500,000 expensing election could mean over $700,000 in tax deductions2 in 2017 and favorable recapture circumstances in future years if applicable to you and depending upon your individual circumstances.
To take advantage of any tax benefits for the current tax year one must take physical delivery and place the aircraft into service prior to 31 December 2017. With limited 2017 production slots available, act now to preserve this opportunity.
1 For more information visit http://www.advocatetax.com/business-aircraft-and-tax-reform-2017-outlook/
2 Based on a 2017 SR22T GTS
3 I acknowledge, understand and agree that the above referenced tax advisors are not agents or affiliates of Cirrus, Cirrus is not providing me with any financial and/or tax advice, and Cirrus in no way endorses any financial or tax advice given to me by such tax advisors.
Disclosure under IRS Circular 230: To ensure compliance with requirements recently imposed by the IRS, we inform you that any tax advice contained in this communication, including any attachments, was not intended or written to be used, and cannot be used, for the purpose of avoiding federal tax related penalties or promoting, marketing or recommending to another party any tax related matters addressed herein.