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Jed Wolcott
President of Flight Tax Systems, LLC
Jed Wolcott is the President of Flight Tax Systems, LLC, a company specializing in aviation tax management solutions. He has a strong background in accounting and tax services specifically tailored for the aviation industry. Before leading Flight Tax Systems, he founded Wolcott & Associates, P.A., which transitioned to Aviation CPAs in 2020, where he focused on providing comprehensive tax and accounting services to aircraft owners and operators.12
Professional Background
- Founder of Wolcott & Associates: Established in 1984, the firm was known for its expertise in aviation tax solutions, including tax return preparation and financial reporting. Under his leadership, the firm became a recognized leader in the field before transitioning ownership to long-time employees.12
- Current Role at Flight Tax Systems: As President, Wolcott oversees the development of web-based software that assists aircraft owners and tax professionals with IRS compliance and tax return preparation. This software integrates with other aviation management systems to streamline tax reporting processes.34
Education
Jed Wolcott graduated from the University of Dayton, which provided him with a foundational education that supports his extensive career in finance and taxation within the aviation sector.45
Industry Involvement
Wolcott is also active in professional organizations, serving as a member of the National Business Aviation Association's (NBAA) Tax Committee. He has presented educational sessions at various industry conferences, sharing his expertise on aviation tax matters.23
Current Location
He is based in Fort Lauderdale, Florida, where he continues to lead Flight Tax Systems and contribute to advancements in aviation tax management.5