Websites that offer “free” analysis and recommendations of which private jet providers you should use need to make money somewhere. “Free” platforms like Robinhood that make the user the product may be expensive at the end of the day
What does finding the right private jet solution have to do with Robinhood, Gamestop, or for that matter, platforms like Facebook or A Place For Mom? Surprising a lot, and it’s proof free can be costly.
Continue reading “Robinhood, Gamestop highlight problems with ‘free’ private jet finder services”
The COVID-19 Coronavirus assistance legislation eliminates the 7.5% FET between March 28, 2020, and year’s end
What are the best strategies for Jet Card flying during the FET holiday
Updated April 6, 2020 @7:16pm
One point of the 880-page CARES Act is a waiver of the 7.5% Federal Excise Tax (FET). The holiday lasts between March 28 and December 31, 2020. It’s normally levied for domestic Part 135 flights, which includes domestic jet card trips. It was also applied to U.S. flights that start or end within 200 miles of the southern and northern borders.
You might naturally assume that you won’t pay FET for flights during the rest of the year. You would be wrong. It depends on your program. So, how does this impact you?
Continue reading “What happens to the Federal Excise Tax you prepaid for your Jet Card before the CARES Act?”