Tax Professionals Help CPA’s Client Obtain Sales Tax Exemption on Plane Purchase
SACRAMENTO, CA: Aero & Marine Tax Professionals (https://aeromarinetaxpros.com/), an aircraft tax specialist firm in Northern California, was recently contacted by a CPA for assistance with a client’s case. The client had an aircraft that had undergone an ownership transfer, and Aero & Marine Tax Professionals were consulted on the matter of avoiding sales tax on the transfer. The firm was able to assist the CPA’s client with obtaining a sales tax exemption from the California Board of Equalization (BOE).
The CPA on the case stated: “I'm a CPA in the central valley that works with a number of agricultural clients. We had a client with an aircraft that had an ownership transfer, and that ownership transfer was going to trigger a very large California sales tax. I contacted Aero & Marine Tax Professionals through a referral from another CPA who had used their service and was exceedingly happy with the service and results obtained. We were looking for Aero & Marine to help us out with getting the exemption in order to exempt the transaction from California tax. From the initial call, I was able to speak with Tom Alston, the owner, immediately. They indicated that the transaction was eligible for the exemption. From that point, the owner and other associates at Aero & Marine walked us through the entire process and essentially ensured that we were always providing the correct documentation at the appropriate times. Essentially, the transaction was handled 100% by Aero & Marine and we were able to obtain that exemption with very little time expended on my side. From my perspective, it made me look good since the transaction went as planned. The client was exceedingly happy with the services that were provided. I would most certainly recommend them to others.”
Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “This is not an uncommon occurrence for a CPA to turn to us for assistance on an aircraft or vessel tax case. Our familiarity and expertise on these cases is just on another level. We keep ourselves completely up-to-date on every aspect of these cases.”
Aero & Marine Tax Professionals shows purchasers how to specifically avoid aircraft tax and vessel sales/use tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. Their blog can be seen at https://aeromarinetaxpros.typepad.com.