u/DBlood1485

We've been chartering flights individually for executive travel, but the costs are adding up and I'm wondering if a private jet card would make more financial sense for us. I understand these cards typically involve prepaying for a set number of flight hours, but I'm not clear on how that prepayment is treated for tax purposes versus a straight charter expense. I also want to know whether the depreciation or deduction rules differ if the card is used for a mix of business and personal travel by our executives. Before we commit to this kind of spend, I need to understand how it could affect our year-end tax position.