Tax Matters

Asset Management Company Gets Tax Exemption on Airplane

Aero & Marine Tax Professionals Assists Asset Management Company on Tax Exemption on Airplane Purchase

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://aeromarinetaxpros.com/), a California aircraft tax specialist company in the Sacramento area, recently assisted an asset management company to obtain sales tax exemption on the purchase of a company plane. The sales tax exemption was granted on the 2007 Columbia LC41 by the California Board of Equalization (BOE).

An executive from the company stated: “We manage retirement assets for retirees. We have a lot of Chevron retirees. We have to make face-to-face contact with clients, and as they move out of the state, we need to remain in contact with them. It's always best to have face-to-face conversations with them. Commercial wouldn’t work because in getting access to commercial airlines I have to go to Oakland. It's 2 hours to Oakland for me and then it would burn a whole day for one client. I can go cover many more clients really easily with the airplane. I can cover clients in different areas. For example, Nevada, or down in southern California, or up in Oregon. But I can cover more ground and not suck up a whole week, basically. We found Aero & Marine Tax Professionals from their advertisements. I had been following them for quite some time. I've always been on their email list and I don't remember where else I saw it. I saw it on some site and started following it. They were very good, and they responded very quickly. They told me how to work it, how to get the correct documentation together and how to work my worksheets. I submitted stuff to them, they submitted stuff back, and we worked it out. I have already recommended them to others.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “It went very well, the whole process had no glitches in it. The client was very pleased with the results. We’d be happy to work with them again if they should have the need.”

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 http://aeromarinetaxpros.typepad.com.

Aero & Marine Tax Professionals Assist CPA with Client

Tax Professionals Help CPA’s Client Obtain Sales Tax Exemption on Plane Purchase

SACRAMENTO, CA: Aero & Marine Tax Professionals (http://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 http://aeromarinetaxpros.typepad.com.

Nevada Credit Company Receives Tax Exemption on Airplane

Aero & Marine Tax Professionals Helps Right Away Auto Credit Company Obtain Sales Tax Exemption on Hawker Beech G36 Bonanza Airplane

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://aeromarinetaxpros.com/) a tax firm specializing in aircraft and marine vessel tax consulting, recently helped a Nevada credit company, Right Away Auto Credit, obtain sales tax exemption on the purchase of a 2008 Hawker Beech G36 Bonanza airplane. The company faced paying a California sales tax despite having no operations in California, but thanks to the efforts of Aero & Marine Tax Professionals a sales tax exemption was granted by the California Board of Equalization (BOE).

An executive from the company stated: “I got a letter from the California Board of Equalization stating that I owed them sales tax. We'd probably gotten two or three letters that we had thrown away, like I'm sure many people do. We're not California residents, never have been and don't do business in California. We thought it was ludicrous. We wrote a response or two back to them and after a year or so we realized that this wasn't going to go away. That's when we called AOPA and they referred us to Aero & Marine. On a scale of 1 to 10 working with Aero & Marine Tax Professionals was a 10+. My consultant was awesome. I loved working with her. She was great. She always remembered me. I highly recommend Aero & Marine. Very professional. I had purchased an aircraft out of California prior to this, so I think that was how I got on BOE's radar. Let me close with this: I really enjoyed working with Aero & Marine Tax Professionals. I would absolutely recommend them to others.”

Tom Alston, owner and founder of Aero & Marine Tax Professionals, stated: “It is not an uncommon case, to have a company based in another state charged with California sales tax when they purchase a plane. We’ve seen it time and again, even with companies such as this one who have no operations in California at all. Overall the transaction went very well, no problems from start to finish.”

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft sales 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.

Aero & Marine Tax Professionals Assists Aviation Company to Obtain Tax Exemption on Plane

Aviation Company Obtains Tax Exemption on Purchase of Cessna 182T Airplane

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://aeromarinetaxpros.com/) a tax firm specializing in aircraft and marine vessel tax consulting, recently helped an aviation company, Lagusker Aviation, LLC, obtain sales tax exemption on the purchase of a new company plane. The California sales tax exemption was granted by the California Board of Equalization, (BOE) on the company’s newly purchased 2005 Cessna 182T.

An executive from the company stated: “We’re in a business looking for rental properties in areas outside of California. Mainly the growing areas of Las Vegas, Phoenix, El Monte & San Antonio. If we were using commercial, I would have to book far in advance and then figure out how to actually get from the big airports into the neighborhoods and have a lot of logistics problems. Having my own airplane gives me the flexibility and lets me fly on my own schedule. I can fly to very small airports right next to the properties that I wanted to check out. The logistics are so much simpler. I was referred to Aero & Marine Tax Professionals by one of their prior clients. It was so smooth. They told me exactly how to go about it. What paperwork I needed to keep, what receipts to keep, and what exactly I needed to do to make sure I crossed all my T's and dotted my I's for the auditor in Sacramento to go through with a fine tooth comb. Everything to make sure that I would not get a denial. I have already recommended them to another, and I will continue to do so.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “We were very happy with the outcome for this client. All of the proceedings went very smoothly and the transaction as well as exemption came off without a hitch. We look forward to working with them again if they decide to purchase another plane.”

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft sales 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.

More from Aero & Marine Tax Professionals exhibiting at the NBAA show 2013 in Las Vegas.

Here is Aero & Marine Tax Professionals exhibiting at the NBAA show 2013 in Las Vegas

Dog Training and Boarding Business Receives Tax Exemption on Plane

Aero & Marine Tax Professionals Helps Company Obtain Sales Tax from California BOE

SACRAMENTO, CA: Aero & Marine Tax Professionals Inc., (http://aeromarinetaxpros.com/) a tax firm in the Northern California area specializing in aircraft and marine vessel tax consulting, recently assisted a dog boarding and training business with the sales tax exemption on the purchase of a company airplane, a Carbon Cub CC11-160. The tax exemption was obtained from the California Board of Equalization (BOE).

An executive from the company stated: “We were looking to expand our California based dog boarding and training business into Oregon or Washington. The aircraft purchase really helped the relocation effort by helping me to get to numerous meetings in Oregon. Traveling between California, Oregon and Washington is close enough that the commercial airlines are rather cumbersome, but far enough that driving is a drag. Even an airplane as slow as mine brought everything within reach in a much more effective way. The freedom to fly directly helped. I had the number for Aero & Marine Tax Professionals in my book for quite a while. Working with them was fine. Everything was positive and straightforward. I would recommend them to others.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “Working with this company went very well. Overall the case did not provide any twists or turns for us and there were no doubts that there would be a successful outcome. We look forward to working with them again if the opportunity presents itself.”

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.

Overseas IT Company Obtains Sales Tax Exemption on Plane

Aero & Marine Tax Professionals Helps IT Company Get Tax Exemption on Company Jet

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://aeromarinetaxpros.com/) a tax firm specializing in aircraft and marine vessel tax consulting, was recently contacted by an international IT company located in southern California, seeking assistance with the aircraft sales tax exemption on a newly purchased Gulfstream GIV SP jet. Aero & Marine Tax Professionals helped the company obtain the tax exemption from the California Board of Equalization (BOE).

An executive from the company stated: “We’re an IT company, we travel the world for IT. We needed to have a longer range aircraft so we could expand the business into Europe, the UK, all overseas destinations. We heard about Aero & Marine Tax Professionals from other people at the airport. I would highly recommend to anyone buying an airplane that they call Aero & Marine Tax Professionals. Anytime I had a question, they always answered. Even when I called their cell phone, they took the time to help me out.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “This was our first time working with the company, and from start to finish everything went perfectly. The transaction went very well, they were able to get the full sales tax exemption on the plane. Despite the status of the company with its operation on an international scale, the case resolved simply. We look forward to working with them again if they are looking to get another plane.”

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.

Hay Farming Business Receives Tax Exemption On Company Plane

Aero & Marine Tax Professionals Helps Company Get Sales Tax Exemption On Purchase of Cessna Turbo 182 Aircraft

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://www.aeromarinetaxpros.com/), a professional tax firm in Northern California, recently helped a hay farming company obtain a sales tax exemption on the purchase of a Cessna Turbo 182 airplane. The exemption was granted by the California Board of Equalization (BOE).

An executive from the company stated: “We're in the hay business and we used to drive to both Oregon and Nevada. It was too much time spent driving, and we couldn't take commercials to do it. I was taking flying lessons at Wings flight school in Vacaville, CA and a gal that works there recommended that I take one of Aero & Marine Tax Professionals' cards, since I was purchasing a new airplane. I contacted Aero & Marine and we talked about our company’s situation and how to do it. We had to go through the six month test period for the interstate commerce, and that was pretty much it. We handled most of the details through emails and phone calls. I would recommend them to others.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “The transaction went very smoothly, and there were no complications with the case. We look forward to working with them again in the future if they need a second plane."

Aero & Marine Tax Professionals shows purchasers specifically 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 airplane sales 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.

Investment Company Gets Tax Exemption On Company Jet

Aero & Marine Tax Professionals Helps Investment Company to get Tax Exemption on Raytheon Beechcraft Premier 1A Jet

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://www.aeromarinetaxpros.com/), a tax firm specializing in aircraft and marine vessel tax consulting, recently helped an investment company to obtain a sales tax exemption on their purchase of a 2007 Raytheon Beechcraft Premier 1A jet. The exemption was obtained from the California Board of Equalization (BOE).

An executive from the company stated: “We’re an investment company, we use aircraft to fly the owners to meetings in various parts of the United States. It is much simpler and quicker to use a private aircraft rather than deal with airline schedules we have no control over, lines, flight delays and cancellations. With a private aircraft we can control that our principals can come back as soon as a meeting is over. Much more efficient. The Board of Equalization were requesting tax payments in excess of what were due to them. Aero & Marine Tax Professionals were referred to us by the attorney that was helping us with our property taxes. Our work with them went very smoothly. They requested documents, we provided them. They did a lot of work compiling them and handled all the transactions with the BOE. I would absolutely recommend them to others.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “The transaction in this case was slightly complicated by the fact that we were not approaching this transaction from the beginning. Requests and communications had already been exchanged between the BOE and the client. But it was still a simple matter to wrap up. And since we have the experience of about 1,000 filings with the BOE, there were no great difficulties in gathering the data and submitting it properly. All in all the case went very well.”

Aero & Marine Tax Professionals shows purchasers how to avoid sales tax, specifically 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 airplane sales 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.