N918KT
Line Up and Wait
http://www.avweb.com/avwebbiz/news/New_York_Flight_School_Tax_208835-1.html
Flight schools all over New York State are facing a tax fight. According to Bob Miller, a New York State flight school owner, he will have to close his flight school because the new tax ruling is costing him thousands of dollars. He predicts that other flight schools in New York State will be forced to close and aircraft owners with leaseback arrangements with flight schools will also be hit hard because of a change in tax ruling of New York State.
Flight schools all over New York State are facing a tax fight. According to Bob Miller, a New York State flight school owner, he will have to close his flight school because the new tax ruling is costing him thousands of dollars. He predicts that other flight schools in New York State will be forced to close and aircraft owners with leaseback arrangements with flight schools will also be hit hard because of a change in tax ruling of New York State.