John Hoover
High Net Worth Guide 2024
Band 2 : Private Aircraft
Email address
[email protected]Contact number
+1 703.720.8606Share profile
Band 2
About
Provided by John Hoover
Practice Areas
Business Aviation; Taxation; Nonprofit and Tax-Exempt Organizations; Education
Career
John Hoover focuses his practice on federal and state tax planning, compliance, and controversy matters involving business aircraft. His business aviation tax work includes structuring business aircraft arrangements, federal and state tax controversy work, aircraft transactions and assisting the National Business Aviation Association (NBAA) on tax regulatory initiatives.
Professional Memberships
National Business Aviation Association, Tax Committee; Virginia Georgia and DC Bar Associations
Publications
•Commuting Disallowance in 274(l) Does Not Apply to Partners, 2% Shareholders in S Corporations
HOLLAND & KNIGHT ALERT / SEPTEMBER 27, 2022
•Phasedown of Bonus Depreciation for Aircraft Begins in 2023
HOLLAND & KNIGHT ALERT / SEPTEMBER 27, 2022
•IRS Issues Favorable Tax Regulations on Management Company Exception to FET
HOLLAND & KNIGHT ALERT / JANUARY 26, 2022
•NBAA Article Explains IRS Stance on Entertainment Disallowance for Sole Proprietors
HOLLAND & KNIGHT ALERT / SEPTEMBER 22, 2021
•NBAA Article Assists Members with Tax Regulations on Meals and Entertainment
HOLLAND & KNIGHT ALERT / APRIL 6, 2021
•IRS Set to Publish Final Rule on Federal Excise Tax
HOLLAND & KNIGHT ALERT / JANUARY 15, 2021
•NATA, NBAA Present to Treasury on Federal Excise Tax Exception for Aircraft Management Services
HOLLAND & KNIGHT ALERT / NOVEMBER 24, 2020
•NBAA, NATA Submit Comments to IRS on Excise Tax Exemption for Business Aircraft Management Services
HOLLAND & KNIGHT ALERT / SEPTEMBER 30, 2020
•NBAA Requests Hearing on Disallowance of Commuting Expenses for Aviation Industry in TCJA
HOLLAND & KNIGHT ALERT / AUGUST 26, 2020
•IRS Provides Guidance with FAQs on Federal Excise Tax Suspension Reporting
HOLLAND & KNIGHT ALERT / MAY 18, 2020
•NBAA Article, Webinar Address CARES Act and Its Impact on Business Aviation
HOLLAND & KNIGHT ALERT / MAY 14, 2020
•NBAA Responds to IRS Proposed Rulemaking for Business Meals, Entertainment
HOLLAND & KNIGHT ALERT / APRIL 20, 2020
•Business Aviation Tax Provisions in the CARES Act
HOLLAND & KNIGHT ALERT / APRIL 8, 2020
•Business Aviation Tax Provisions in the CARES Act
NATIONAL BUSINESS AVIATION ASSOCIATION / APRIL 2, 2020
Chambers Review
High Net Worth
John Hoover in Virigina is an expert in aviation tax matters, including transactional matters and tax controversies.
Strengths
Provided by Chambers
"John is one of the best tax attorneys."
"John is one of the best tax attorneys."
Articles, highlights and press releases
5 items provided by Holland & Knight LLP
Twenty-Five Holland & Knight Attorneys Named Top Private Wealth Advisers by Chambers High Net Worth
Twenty-five Holland & Knight attorneys have been named leading advisers to wealthy individuals and families in the Chambers High Net Worth 2023 guide.
The Family Office: Planning for Private Aircraft Assets
Family offices are increasingly involved in structuring and managing the ownership or use of private aircrafts for business and personal travel.
NBAA Article Explains IRS Stance on Entertainment Disallowance for Sole Proprietors
The Internal Revenue Service (IRS) recently released Chief Counsel Advice (CCA) 2021-17-012 to explain that sole proprietor flights are generally not subject to the employer-provided aircraft rules in Internal Revenue Code Section 274
IRS Issues Favorable Tax Regulations on Management Company Exception to FET
Over the past few years, the Internal Revenue Service (IRS) has worked to issue final regulations that provide guidance to aircraft management companies and aircraft owners regarding their federal excise tax (FET) obligations.
Business Aviation Tax Provisions in the CARES Act
y companies that operate business aircraft may benefit from the relief provisions provided by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which was signed into law on March 27, 2020.
Twenty-Five Holland & Knight Attorneys Named Top Private Wealth Advisers by Chambers High Net Worth
Twenty-five Holland & Knight attorneys have been named leading advisers to wealthy individuals and families in the Chambers High Net Worth 2023 guide.
The Family Office: Planning for Private Aircraft Assets
Family offices are increasingly involved in structuring and managing the ownership or use of private aircrafts for business and personal travel.
NBAA Article Explains IRS Stance on Entertainment Disallowance for Sole Proprietors
The Internal Revenue Service (IRS) recently released Chief Counsel Advice (CCA) 2021-17-012 to explain that sole proprietor flights are generally not subject to the employer-provided aircraft rules in Internal Revenue Code Section 274
IRS Issues Favorable Tax Regulations on Management Company Exception to FET
Over the past few years, the Internal Revenue Service (IRS) has worked to issue final regulations that provide guidance to aircraft management companies and aircraft owners regarding their federal excise tax (FET) obligations.
Business Aviation Tax Provisions in the CARES Act
y companies that operate business aircraft may benefit from the relief provisions provided by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which was signed into law on March 27, 2020.