Tax Matters

Real Estate Company Obtains Tax Exemption on New Company Plane

Company Assisted By Aero & Marine Tax Professionals in Recent Tax Case

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://aeromarinetaxpros.com/) an aircraft tax specialist firm in Northern California, recently assisted a California real estate company in supporting a claim for a use / sales tax exemption involving the purchase of a Cirrus SR20 airplane. It saved them around $13,500.00 off the purchase price.

An executive from the company stated: “We have rental property and real estate in Nevada, going back and forth. Purchasing the aircraft was a lifestyle and time issue. Driving to Bullhead City is a nine hour experience. Flying there is two hours and fifteen minutes. It’s a quality of ownership, in a lot of cases. A flight instructor friend of mine recommended Aero & Marine Tax Professionals. There are things I could do with that money that are far more valuable to me than paying the taxes. I don’t feel that the state spends my money as wisely as I do. I measured all the different ways it could work out, based on getting the exemption, or not getting the exemption. It looked like it was a good financial decision to pursue getting the exemption. Working with Aero & Marine’s staff was awesome. I just followed the instructions they gave me, and every time they needed something I responded. Everything worked out exactly the way they said it would as long as I followed the instructions, and did things in the order that they recommended. The instructions were very clear and well put out. I had a couple questions, but they were always good at clearing them up. The original packet they gave me covered at least 95% of the solutions I needed. I would recommend them to others without question.”

Tom Alston, owner and founder of Aero & Marine Tax Professionals, stated: “The case went very smoothly, there were no problems in securing the tax exemption on the plane. It is completely legal to avoid paying tax on an aircraft purchase, when it is done the right way. But you need the guidance of professionals who know the tax codes backwards and forwards. If you’re looking at purchasing an aircraft, contact us.”

Aero & Marine Tax Professionals shows purchasers how to specifically avoid aircraft 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 http://aeromarinetaxpros.typepad.com.

Tax Firm Helps Rigging Company Obtain Tax Exemption on Company Jet

Aero & Marine Tax Professionals Help Company With Sales Tax Exemption On New Plane

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://aeromarinetaxpros.com/) an aircraft tax specialist firm in Northern California, recently assisted a northern California crane and rigging company in supporting a claim for a use tax exemption involving the purchase of a company jet. It saved them around 9% off the aircraft purchase price.

An executive from the company stated: “We wanted the flexibility of flying to various customer locations and offices for the owner and his senior staff. The problem was just getting on planes, as opposed to flying commercially. There were a number of locations, such as Minnesota, Houston, Utah. These are all locations that we hit as a normal part of our cycle. The flexibility that owning an aircraft affords us was being able to go whenever we needed, in the comfort of your own plane. It just made it that much easier. We even were able to have business meetings in flight. The big thing was not being held at the mercy of timing at the airports – the flexibility of being able to go when you want. “…we found Aero & Marine Tax Professionals with the person that helped us acquire our first plane. He got us in touch with them to help us with the whole use tax process. It became very easy for us once we hired them, to work with their staff. It was easy to provide the documentation they needed to support the business purpose of the trips, whether they were in-state or outside the state. Aero & Marine was good at follow-up and documenting the process, pulling together the information they needed. The fact that they had been through it many, many times just made it easier for us. I would absolutely recommend them to others.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “The case went very well, the client was very happy with the outcome. Actually they’ve already informed us they are purchasing a second plane and will be hiring us to take care of the tax status of that plane as well. Those who have worked with us know that it’s important not to try and take the case into their own hands, they are not fully familiar with the California aircraft tax codes as we are. It’s our specialty, so people turn to us.”

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft tax and vessel 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. His blog can be seen at http://aeromarinetaxpros.typepad.com

Tax Firm Helps Aircraft Leasing Company With Tax Exemption on Plane

Northern California Aircraft Leasing Company Gets Tax Exemption on Cirrus Airplane

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://aeromarinetaxpros.com/) an aircraft tax specialist firm in Northern California, recently assisted a northern California aircraft leasing company in supporting a claim for a use tax exemption on the purchase of a Cirrus SR 22 T airplane, saving them close to 8% off the purchase price. This was the company’s second time working with Aero & Marine Tax Professionals on a tax exemption for an aircraft.

An executive from the company stated: “The problem was I had a commute that required me to go from Steamboat Springs, CO at 7,000 feet altitude to Fresno, CA at 300 feet altitude. I needed to upgrade my Cirrus from a normally aspirated to a turbo. As for doing it commercially, I guess the snarky answer would be that if you tried doing a commercial flight from either Steamboat Springs, CO or Hayden, CO, the answer would be self-evident. They only have one flight a day during the non-ski season, and you have to fly all the way back to Denver to make a connecting flight, which means you have to cross the Rockies twice. And then all the other good stuff that goes with flying commercial. When I bought my first plane, back in 2006, Aero & Marine Tax Professionals were referred to me by my accountant. It was pretty easy. My office tells me they were very responsive & fast. I would absolutely recommend them to others. We’d never buy a plane without involving Aero & Marine.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “This case went very smoothly, just as well as the first time we worked with them. There can be times where a person does not suppose they will need to worry about California sales tax, such as if the plane was purchased in another state. But it’s been shown by many cases that the safest thing to do is contact us. We’ve helped many companies to legally avoid aircraft tax.”

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft tax and vessel 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. His blog can be seen at http://aeromarinetaxpros.typepad.com