Welcome to the July Issue of The BAC Bulletin & DA News! With the summer flying season in full swing, safety should be everyone’s priority. In this issue, we share a letter on safety from FAA Administrator Michael Huerta to all general aviation pilots. And good news for aircraft management companies: the IRS recently announced it will suspend potential federal Excise tax assessments until clear guidance is developed. Reminder: Danbury Aviation’s Customer Appreciation Party — July 3 from 6pm-10:30pm!
Finally, to keep up to date on what’s going on with all of the recent issues, make sure you "like" our Facebook page and help your colleagues stay in the know by sharing our posts with your friends. Safe flying! Lynda & Santo Silvestro
In an effort to improve safety and reduce accidents during summer’s peak flying season, FAA Administrator, Michael Huerta, sent an open letter to general aviation (GA) pilots reminding them to be ready — really ready — to fly.
IRS Suspends Potential FET Assessments to Aircraft Management Companies As a result of talks with the National Air Transportation Association (NATA) and other aviation advocacy groups, the IRS announced that it will complete open audits, but suspend any potential assessments until new guidance on the Federal Excise Tax (FET) for aircraft management companies is developed.
BAC was excited to get a visit from an exciting, historical aircraft from the 20’s on June 18th & 19th! In case you missed it, the Danbury Patch provides a video: “Ever Hear a 1929 Ford Tri-Motor Start Up?” Enjoy! Members of a key House funding subcommittee dedicated $140 million of funding aimed at ensuring that 251 contract towers across the country remain open and operational beyond September 30 and throughout the upcoming fiscal year.
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