On June 16, 1931 Al Capone—the notorious gangster at the top of the F.B.I’s ‘Most Wanted’ list—was sentenced to 11 years behind bars for tax evasion. Tax evasion is an ugly phrase that runs hand-in-hand with words such as slimy, crooked, shady, corrupt. Those who purposefully and criminally evade paying their due in taxes are justifiably scorned as unscrupulous cheaters.
In a recent ruling by an attorney for the State of California, a taxpayer’s purchase of a vessel was held to be taxable. This was done in spite of support that an off-shore delivery occurred and the vessel remained in Mexico and outside California for more than 90 days.
Do you know all the steps that need to be taken to legally avoid sales and use tax? Chances are you don’t. However, I do and I never lose.
Don’t have the proper documentation for your all of the transactions that have taken place with your aircraft or vessel? This can prove to be deadly.
Is it your passion to give more of your hard-earned money to the government than you need to? Do you like seeing your cash go down the drain. If so, don't watch this video.
There is a lot of random information out there about how to best purchase a vessel. Here in this video Mr. Tom Alston takes up the myths about vessel taxes. He will show you how to accomplish a vessel purchase completely tax free.
Why on earth should you buy and airplane? In this video Tom Alston discusses why and how.
In this video Mr. Tom Alston discusses why you should retain Aero and Marine Tax Professionals if you are thinking of purchasing an aircraft (or vessel) and bringing it into and out of the state of California.
In this video Tom Alston shares the top 10 worst things he's heard aircraft owners propose to avoid paying aircraft sales and use tax in California.
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