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SIFL Tax question for small business owners



 
 
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Old August 23rd 03, 02:23 AM
Richard Kaplan
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"Mike Rapoport" wrote in message
ink.net...

What is SIFL?


Standard Industry Fare Level --- This is a formula the IRS allows to compute
the value of a private airplane flight by basing it on commercial airline
costs.


--
Richard Kaplan, CFII

www.flyimc.com


 




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