Los Angeles aircraft sale

July 26, 2013 | Author: | Posted in Home & Family

Thomas A. Alston

President and CEO

Aero & Marine Tax Professionals

8758 Freesia Drive

Elk Grove, CA 95624

916-691-9192 ext 108

Mr. Tom Alston is the CEO of AERO&MARINE Tax Professionals. Previously, he spent 6 years as Division President of a expert sales and use tax consulting firm exactly where Mr. Alston’s passion for study and thinking outside the box led to the creation of the Aircraft and Vessel Division. He was personally involved in the preparation and filing of hundreds of tax returns with a 100% success rate. His division rose from an idea to the reality of producing over fifty percent of the total volume of the firm.

Customers save money by turning to specialist firms such as AERO&MARINE Tax Experts who routinely receive referrals from attorneys and accountants for the distinct objective of walking a client through the maze of obtaining an exemption from California sales and use taxes for their aircraft purchases.


“Before companies like us came along, most money professionals only had the time to print copies of the regulations, send them to their client with some instructions, and then wish them good luck,” acknowledges Alston. “Rightfully so, their time is too valuable to do any follow up. On the other hand, specializing in avoiding California sales and use tax on aircraft, vehicles and vessels is all we do.”

“Part of our success stems from researching decades of decisions and recommendations by the California Board of Equalization (BOE),” explains Alston. “These are like a legal brief of every case that went before one of the hearing officers. What you get is the BOE’s entire case laid out with evidence, and their decision, along with the ‘why’ of it. We just made a checklist of all the failure points, and we apply 100% of the points to every one of our customers. As a result, there isn’t any way for them to fail to win their exemption.”

As an example, Alston explained how, in some circumstances, the BOE necessary that a purchaser leave a plane outside of the state for a lot more than 90 days prior to it enters the first time. But Alston raised the bar to 120 days on that test for strategic reasons. It strengthens the owner’s case because merely accepting delivery in another state and parking it in a hangar for a few months seldom insures a scenario where the transaction will be held as non-taxable.


Alston’s san diego airplane sale also immerses itself in the follow-up approach, constantly keeping two-way communication with the client to make certain compliance on all counts.


“We gather information on an interactive basis and perform all of the documentation in real time,” explains Alston. “In this manner, we make sure the client is complying with all the steps, and it also avoids any misunderstandings. We prepare a tax return, run it through a couple sets of internal reviews, and the submission to the BOE.”

The same methodical practices are also needed when obtaining exemptions for widespread carrier customers, an especially essential service given that most air carrier executives and flight department managers initially rely upon the false belief that “Portion 135” will obviate the need to deal with the California BOE.


According to Alston, although Part 135 is referenced in federal regulations, it is not mentioned in the California code. Instead, California Regulations 6366 and 6366.1 pertain to aircraft sold or leased to common carriers. These sections do offer legal exemptions. Nonetheless, the law needs the longest test period (12 months), throughout which time extremely detailed documentation must be maintained: log books, flight plans, weight and moment sheets, client revenue billings, a complete copy of engine maintenance logs showing total hours given that date of obtain, and a lot more. Every single flight is examined, and one mistake can trigger the total tax. It takes precise guidance from an expert to guarantee compliance and stay away from the sales tax.

WE DEAL WITH THE “BOE” FOR YOU

Of all the services that specialists such as AERO&MARINE Tax Experts supply, the most appreciated by clients, and those that refer them, is the reality that these specialists insert themselves between the client and the BOE staff.


“They don’t ever have to talk to the auditors,” assures Alston. “Once we get a letter of authorization, then the board has to talk to us. When you understand how the word ‘tax audit’ affects the spine of most human beings, this helps a lot.”

The complete procedure culminates with receipt by the client, of a letter from the BOE stating that the exemption on the aircraft tax has been supported-a prevalent result for the group at AERO&MARINE Tax Specialists.

More About Tom Alston

Mr. Tom Alston is the CEO of AERO&MARINE Tax Specialists. Previously, he spent 6 years as Division President of a expert sales and use tax consulting firm where Mr. Alston’s passion for research and thinking outside the box led to the creation of the Aircraft and Vessel Division. He was personally involved in the preparation and filing of hundreds of tax returns with a 100% success rate. His division rose from an concept to the reality of producing over fifty percent of the total volume of the firm.

Tom and his family reside in Elk Grove, California, a suburb of Sacramento, where he has spent three decades as a high school baseball coach. He continues to coach varsity baseball. He co-wrote, “A Baseball Coaches Survival Guide”, which is offered at Amazon.com and for the last three decades has also published a column titled, “The Winning Pitch”, for a national sports publication titled, “Collegiate Baseball.”

“What makes us unique is that we guarantee the service,” says Alston. “As long as the client engages us before possession of the mobile transportation equipment, and then explicitly follows our instructions, they get a written guarantee that they will legally avoid California sales and use tax on their aircraft sale, or our entire service is gratis. We’ve never had to pay anyone back, though, because we’ve won every case.”

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