First, there were trackers on Taylor Swift and other celebrities’ private jet usage ... personal use of business aircraft who write it off as a tax expense. IRS leadership said Wednesday ...

The IRS will begin conducting these corporate jet audits this spring. The new audits will be carried out under the authority of the section of the tax code pertaining to qualified business use ...

First, there were trackers on Taylor Swift and other celebrities' private jet usage ... "Our audit rates have been anemic," he said on the call. An April 2023 IRS report on tax audit data states ...

Companies can write off private jet usage for a tax deduction so long as it’s used for a business purpose. What the IRS intends to investigate is if executives are taking advantage of the tax ...

WASHINGTON (AP) — First, there were trackers on Taylor Swift and other celebrities’ private jet usage ... use of business aircraft who write it off as a tax expense. IRS leadership said ...