Jan. 23, 2013
-- SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://www.aeromarinetaxpros.com/)
recently assisted a pilot in obtaining a tax exemption on the purchase of a RV-12 airplane, from the California Board Of Equalization (BOE).
The pilot, David Cooper, stated: “We purchased the aircraft for recreation. We used the provision in the rules that would allow us to take the year long principal use exemption if we left the aircraft outside the state of California for over a full year. I couldn't afford the more than $8,000 in taxes, based on the budget I had originally set aside for the purchase of the airplane. I think it's valuable to note that Aero & Marine were willing to advise me initially at no cost. That put me in a position where I could decide whether I wanted their firm to take me on as a client. That was very valuable to me – that they were willing to listen to my story, tell me in what ways they could help me, and not charge me for that. The number one thing that convinced me was their record of success. Then there was the really long process of gathering records. I would absolutely recommend them to others!. I just moved the plane into the state, and I'll probably be bragging about how much money they saved me. I'm so glad I met them!”
Tom Alston, founder of Aero & Marine Tax Professionals, stated: “It’s sometimes surprising to people how much they can save on a plane with a sales and use tax exemption. I have run into many pilots and companies who do not feel it is possible due to all of the regulations required in the field. But if we are contacted early on in the process then we can ensure a successful result is gotten for the sales and use tax exemption of a 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 nearly a thousand 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/