Allison Rosensteel

Feb 26, 2024 | lexology.com | Page Griffin |Shalom Huber |Joseph Penko |Erica Schohn |Joseph M. Yaffe |Allison Rosensteel | +2 more

On February 21, 2024, the Internal Revenue Service (IRS) announced1 plans to commence a focused audit effort targeting private aircraft usage by dozens of large corporations, large partnerships and high-income individual taxpayers to investigate whether, for tax purposes, the use of the aircraft is properly allocated between business and personal use.

Dec 12, 2023 | lexology.com | Brian V. Breheny |Raquel Fox |Page Griffin |Shalom Huber |Regina Olshan |Joseph Penko | +17 more

To view this article you need a PDF viewer such as Adobe Reader. If you can't read this PDF, you can view its text here. Go back to the PDF. USADecember 12 202312 / 12 / 23 © Skadden, Arps, Slate, Meagher & Flom LLP. All rights reserved.