Articles - Insights on Legally Avoiding Sales and Use Tax

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"An investment in knowledge always pays the best interest." -- Benjamin Franklin

A Sense of Humor is Almost Always Recommended Part 2 image

A Sense of Humor is Almost Always Recommended Part 2

Recently, I posted an article of laughable quotes and opined that I did not remember who the author was. One of my connections on LinkedIn sent me to Snopes and I found more! So here they are. Remember that these are supposed to be squawk sheets by Qantas pilots directing their maintenance personnel to a problem coupled with the maintenance response.


Demystifying Sales Tax and Use Tax for Airplane Purchases image

Demystifying Sales Tax and Use Tax for Airplane Purchases

An Interview with California’s Expert in Aircraft Sales and Use Tax, Mr. Tom Alston


We need to stop lying to ourselves image

We need to stop lying to ourselves

In the last 90 days of every year, nearly every piece of promotion that comes out extolling people to buy an aircraft talks about bonus depreciation. There is no such thing.

Check the definition of the word bonus.


Defensive Adjustments image

Defensive Adjustments

Imagine when you were in grammar school and what it would have been like if you were taught that 8 plus 7 equals 15. Then, you found out that when you got to High school the answer was 25. Finally, when you attended college the answer was 137. How confusing would that be? No, this article is not about Common Core Math.


classic A types image

Classic A types

Classic "A" types are successful because they colored outside the lines.

Why do pilots use checklists? To make sure they don’t forget anything that can kill them! Why do people create margins of error? To reduce the danger in any situation!


a sense of humor image

A Sense of Humor is Almost Always Recommended

I received this in an email a few years ago. I don’t remember who sent it to me. Therefore, if it is completely made up, I applaud the effort. If not, I apologize for not knowing who wrote this. I intended to give you credit, but I was laughing so much it slipped my mind.


WTF is... image

WTF is...

I hear a lot of people yapping on the net about SPAM. I think they are whiners that have forgotten the simple times of a few years ago.

Can you imagine in the 60’s a Federal panel to create a database of businesses that sends out too much mail? We all used to get a stack of envelopes in our mail box. We all used to open our “snail mail” over a waste paper basket. It took about ten minutes a day to “sort” our mail and round file the stuff we didn’t even want to open in this manner.


Why Hire an aircraft tax consultant image

Why Hire an Aircraft Tax Consultant

There are all kinds of doctors. The profession has split into specialties like ears, nose and throat, various cancers etc. These highly trained specialists have decided to focus on one area that they feel needs special attention. These people feel they are serving mankind in the best manner by sharpening their skill set to the point that they think they can overcome the insurmountable odds posed by certain areas of disability.


Taxes: An Ounce of Prevention is Worth a Pound of Cure image

Taxes: An Ounce of Prevention is Worth a Pound of Cure

When it comes to filing one’s taxes, an ounce of prevention might well be worth two pounds of cure.

By Tom Alston, CEO & Founder of Aero & Marine Tax Pros


Where should I take possession of my aircraft? image

Where should I take possession of my aircraft?

Definition of physical possession: This is where a party representing the seller (or the seller himself) and a person representing the buyer (or the buyer himself) transfer physical possession and control of the aircraft from the seller to the buyer.

By Tom Alston, CEO & Founder of Aero & Marine Tax Pros

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