Earlier this month, the IRS issued a press release saying it was targeting private jet owners for impermissible reductions. It said that based on the results of dozens of initial audits, it could expand its focus on aircraft owners in its search for extra tax revenues. While the industry’s trade group, the National Business Aviation Association, rebuked the agency for using private jets as a focal point to trigger audits of large companies and UHNWs, everyone agrees the subject is complicated.