I know quite a few guys that have gone over to XO in the past 6 mos, they all speak highly of the company, good stock options, qol, pay (if you're previously typed and can upgrade PIC quick), etc. There's a big section that T-Bone runs in Charters on XO. Check it out, and good luck!
I've heard that one before, there was also a rumor, don't know if it's true or not, about a previous owner of that tail #, after EMBR
In Troy, Michigan, outside of Detroit, there is a road called Big Beaver Road, I-75, Exit NUMBER 69.. hmm
I have some buds who do the 24/7 on call, corp gigs, no life whatsoever. I would definitely opt for the hard days off, sched. The QOL will make up for the pay. Kalitta?? I got some Connie stories
BizJet800 has a good grasp on write offs, be careful with the cell phone bill though. The Tax Law actually states that the phone has to be used 100% for business and not reimbursed of course. They don't allow you prorate or portion any of it for business only. If you have a plan that you go...
Ya I'm hearing that on the news as well.. from a legal stand point it won't stick. Charging the a$$hole that started all of this...too bad if you ask me.
I'm sure if you could ask any of those 4 men they wouldn't have it any other way... they were doing what they LOVED just as all Aviators...
Out of curiousity what does your spouse do for a living? Perhaps this is the perverbial straw that broke the camels back... whatever else is going on and now the home life is not stable.. schedule wise Good luck to you!
This is more of a pax oriented question... but whats the low down on your meal service for extended flights... is there a charge, are the pasta meals no charge... or what, any info would be greatly appreciated!
Amen brother CRUXX@9... FA sounds like someone who wants the bennies from all the job titles... ie.. fun and sun of being an FA and the respect that the pilots receive. Just my .02
Ya, not arguing the point with you, but how much are we really talking about here... for contract flying if it's more than $20k he's doing good ... then you gotta look at rather that puts you in another tax bracket and if not how much are you really saving with an S Corp for the hassle. As...
Technically what you're saying is correct.. an S corp does provide single taxation, it eliminates double taxation... but you wouldn't be double taxed if you included this on your individual return.
S Corp is known for payroll tax breaks. All of the previous items stated in this thread can be...
Forming an individual LLC won't give you a tax break. You'll still get a 1099 at the end of the year and it gets reported on Schedule C whether you are an individual or an LLC individual. Your best bet for tax breaks is in your write offs. Any out of pocket expenses required to do what you're...
Generally tip $5-$20 a lot of it is based on their attitude and energy. Always tip the guy if we have the lav serviced -- barring he doesn't mess with the hose and then try to shake my hand still wearing his gloves ... really that has happened... gota have appreciation for those doing...
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