Aviation Accounting Services

aviation accounting services

At Maxwell CPA, we provide trusted aviation accounting services. We're different than the average CPA firm because we have real world experience in the commercial and private sectors of the aviation industry. This unique perspective means that we understand your financial challenges and how to overcome them. We work with all types of aircraft owners, operators, and aviation-related businesses.

If your business purchases a private aircraft or a share of an airplane, it will be eligible for special federal tax breaks. But in order to claim these deductions, you need to present the right documentation to the IRS to back it up, and we can help. We'll show you practical ways to manage your recordkeeping throughout the year so your books are accurate and up-to-date at tax time. We'll also deliver the financial tools you need to track cash flow, control expenses, and really see where your money is going.

Find out how our accounting strategies can make your aviation business take off! Call us today at 870-364-8992 or request your free consultation online now.

Accounting and Financial Reporting

  • Accounting and bookkeeping
  • Recordkeeping
  • Aircraft and travel expense reporting
  • Tax reduction strategies for aircraft owners
  • Preparation of monthly, quarterly, or annual financial statements
  • Allocation of business and personal use expenses
  • Budgeting operating costs and expenses
  • Cash flow management for flight departments
  • Bank account reconciliations
  • Entity selection assistance

Acquisitions and Fractional Ownership

  • Structuring aircraft acquisitions and sales
  • Preparation of fractional ownership agreements
  • Incorporation of special purpose companies
  • Aircraft holding companies
  • Exit strategies