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Airplanes and Tax--anyone have specific experience
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July 30th 03, 03:23 PM
epsalant
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Airplanes and Tax--anyone have specific experience
The plane is hangared in NJ, I'm a NY resident.
Evan
Ron Rosenfeld wrote in message . ..
On 28 Jul 2003 05:43:09 -0700,
(epsalant) wrote:
I am thinking about buying a new plane and using it for business. I
have been advised to use advocate tax (
www.advocatetax.com
) a group of
CPAs serving the aviation community and am wondering if anyone who has
used them can give some feedback as to how good a job they did or did
not do. Are they worth their fees? Any other feedback? Anyone get
audited using their services? Did they help?
Thanks.
They *may* be more knowledgeable -- I have no direct experience. But when
I was leasing my aircraft to my business, I found my regular CPA to be
knowledgeable about the issues, and I was never audited on that (or any
other issues).
Where are you located?
Ron (EPM) (N5843Q, Mooney M20E) (CP, ASEL, ASES, IA)
epsalant