Sacramento, CA, December 13, 2009 --(PR.com
)-- Aero & Marine Tax Professionals (http://www.aeromarinetaxpros.com) has obtained a sales and use tax exemption from the California Board of Equalization for their client, Northwood Properties, of Manhattan Beach, CA in regards to their purchase of an aircraft for the business.
Aero & Marine Tax Professionals are the pre-eminent experts in helping purchasers of aircraft and vessels to avoid paying sales and use tax in California and Arizona.
Jay Visconti, the President of Northwood Properties said, “It takes a lot of research and evaluation when we are looking for new projects. Northwood’s new property development projects are driven by exacting market and property research. We analyze locations, vacancy and absorption rates, existing rents, local business conditions and market demographics to locate development sites that fit our investment criteria. We build office and industrial properties, as well as reviving, reinventing and repositioning acquisitions, even those considered at the end of their useful life. We reconfigure older office and industrial properties to meet modern and future needs, going so far as to completely reinvent spaces for profitable new uses.
“We currently have sites in 6 states and are always looking to expand our operations. It was terribly inefficient for us when we traveled to a small town not served by a commercial airline. We flew on their schedule and then would up driving hundreds of miles.
“Owning our own aircraft was the solution. That is when we recognized we needed the assistance of Aero & Marine Tax Professionals. We contacted them before the purchase and got them involved right away. They were a pleasure to work with. Their knowledge in California Sales Tax Law is unmatched. They provided a framework that was easy to follow. I always felt like I knew what I needed to do because they were in constant communication with me. The information they provided was always accurate and timely.
“They saved us over $27,000.00 on the purchase of our 2006 CESSNA T182T and we are planning a 1031 exchange very soon and will absolutely have Aero & Marine on board with us for all future transactions. I would recommend everyone who is contemplating a purchase of an aircraft to call Aero & Marine Tax Professionals when they are in the planning stage before they buy an aircraft.”
Thomas Alston, President of Aero & Marine Tax Professionals, stated “Despite the current financial crisis, the opportunities in the personal and business aircraft sector for tax savings is expanding. We have the knowledge, experience and expertise to help purchasers of aircraft in California and Arizona to legally avoid paying sales tax.”
Aero & Marine Tax Professionals shows purchasers how to avoid California aircraft tax 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.