Mike Cosby

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Focusing on business aviation, Mike represents individuals and businesses that own, operate and manage aircraft. He advises on the purchase, sale, lease and financing of business and commercial aircraft, as well as on regulatory compliance and federal and state tax issues. Mike’s aviation practice has global reach, but he works closer to home as well. He advises clients from formation through sale or transfer, and on all aspects in between.

Latest Articles

The U.S. Department of Transportation recently revised the SIFL rates that are used to value an employee’s personal use of a company aircraft, as required by the Internal Revenue Code Section 61 and the Federal Tax Regulations Section 1.61-21(g). The Department announced that the following rates will apply for the 6-month period January 1, 2017 through June 30, 2017:…
House and White House negotiators have agreed to two provisions of the Protecting Americans from Tax Hikes Act of 2015, which may provide an incentive for business aircraft owners. Under the act, which is expected to pass Congress and be signed by the President, “bonus deprecation” is extended and the “expensing” provisions of the Internal Revenue Code are made permanent.…
When most consumers hear the word “drone” they envision military or surveillance operations. But, Unmanned Aerial Vehicles (UAVs) appear to be a significant industry and offer a vast array of resources for differing applications. As the FAA determines the appropriate regulations (and assuming it has jurisdiction), the future use of UAVs in agriculture is particularly important to the firm’s Food & Agriculture industry clients.…