Virtual Study Group

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Online Study Group Enables Members to Learn About Aviation Taxes

April 23, 2012

NBAA Flight Plan podcast interview with NBAA's Jo Damato

Income tax season may be over, but NBAA’s Jo Damato still has taxes on her mind. And she thinks you should, too.

“It’s one of the most complicated issues in aviation,” said Damato, NBAA’s director of operations & educational development. Tax education is also one of the topics NBAA Members look for most at the annual NBAA Meeting & Convention each autumn, and in webinars all year long.

But during a new eight-week “virtual study group” scheduled to debut this week, participants will use all kinds of social networking technology to access instructors, experts and each other.

"The exciting part of this series is that when participants move into the study group and online classroom, they can communicate with both the presenters and each other to delve even more deeply into each topic," said Damato.

The virtual study group will focus on topics that include depreciation, state aviation taxes, personal use and the federal excise tax. Participants can join in live or watch a recorded webinar if they can’t make the live sessions every Tuesday between 1 and 2:30 p.m. ET. Classroom sessions will be conducted each Thursday between 1 and 2 p.m. ET.

“Tax topics always have a lot of interest,” said Damato. “Certified Aviation Managers (CAMs) and CAM candidates are certainly going to be very interested in this series. We get a lot of feedback from CAM candidates. They know they need to be strong in this area.”

But Damato pointed out that many other aviation professionals could benefit from the series as well.

“Whether you’re in ops, managing a flight department or aspiring to become a manager, this is an important body of work,” she said.

The virtual study group, titled Business Aviation Taxes: Planning and Impact, opens to participation on April 23 and runs through June 19. The class is capped at 50 participants, Damato advised, and seats are going fast. Group activities during the week of April 23 are devoted to orientation and an introduction to virtual study groups, and registration is encouraged during that week.

Those interested in participating in this virtual study group are encouraged to register by Monday, April 30.

For more information or to sign up, review NBAA's Virtual Study Group site, or contact Jo Damato at jdamato@nbaa.org.