As a first time private jet owner, I initially expected my business CPA could handle matters related to the aircraft and it was hard for me to justify hiring an Aviation CPA. Shortly into the transaction, I realized a specialist is well worth the expense. Within days of hiring Daniel and his team, they proved their value to me and saved me much more than the cost of their service. I suggest hiring Daniel and his team. They are true pros.
O.L., Scottsdale, Arizona
I have dealt with multiple professional organizations over the last 45 years. But only a few of them performed to the level of dedication, responsiveness, thoroughness, diligence, and customer focus that yours has. Thanks again for your support. Please pass along my appreciation for a job well done to all that helped me through this process.
JJ Suarez, Ohio
Over the past 10-years, the professionals at Aviation Tax Consultants have help guide my company through the acquisition of a King Air C90B and a Pilatus PC12NG. Their guidance on structure, closing, use tax, SIFL rates, lease contracts, etc. was invaluable. I was fortunate to have these documents in order during a recent aircraft sales tax audit with the State of Michigan. I enjoy the Team at ATC and value their expertise. Thank you for a job well done!
Joe Wortman, Michigan
The experience with ATC was exceptional. The team walked me through the entire process and gave me an expectation on what to expect from the CA Franchise Tax Board. ATC had me well prepared through the year with making sure I had proper documentation. ATC’s deep knowledge of the law, the process and what it takes to do proper tax planning is invaluable. The team was communicative and helpful in this long process, but ATC made it as easy as possible. I would strongly recommend them to anyone looking for professional tax planning on an aviation purchase.
Matt Schiefferly, California
I purchased my first plane last year and was referred to ATC to get the necessary documents and tax filings in order. The principals and staff are professional, easy to work with and incredibly responsive. On our maiden voyage to Mexico with our two young daughters, we discovered we were missing a necessary document to clear customs when we arrived in LaPaz. It was 7pm, but when I called ATC, they answered and were immediately able to help me figure things out. I couldn’t give a stronger recommendation.
Clifford Hansen, Colorado
My experience with KJ and Daniel of ATC has been great! I was a first-time helicopter buyer and they walked me through the best way to structure my purchase to maximize tax savings. If I would not have used the service they provide, it would have cost me another $90K. I highly recommend this company and will use them in any future purchase I make in aviation!
Troy Myers, Arizona
ATC did a great job helping to set up all of our company formation, tax planning, and purchase preparation needs. They did so on a short timeframe and with excellent service. After the purchase they continue to follow up regularly to help ensure all tracking and use requirements are met and we are able to get full use of our business aircraft asset. ATC has been great through the whole process!
H Carlson, California
Aviation Tax Consultants are my “go to” source for all aviation tax matters. Aviation is a highly specialized area of taxation that requires precision to maximize deductions and minimize the likelihood of an audit. I send my clients to ATC as soon as they are shopping for an aircraft to make sure we do the deal right the first time.
Scott Williams, The General Aviation Law Firm, P.C.
Because tax laws are complicated and vary from state to state, my partner and I were anxious to find a firm that could help us navigate the complexities of forming the proper corporate structure in the most tax effective manner. Aviation Tax Consultants were able to get everything taken care of within a week, and even interface with the FAA to get a title corrected for us!
Thomas Johnson, Indiana
I was introduced to ATC by a veteran in the jet sales business while looking for guidance in the set up and opertions of a new aircraft holding company. What became immediately evident is that this is a very specialized field and that this team set the bar very high. They helped me naviagate and optimize the opportunites in the tax laws of 2020 with a jet purchase. Equally important is the ongoing support and documentation that they supply to my corporate CPA team. Daniel Chung and his team are knowledgeable, accessible and always readily available.
Jeffrey B Carter, MD, DMD, Tennessee
I have worked with the experts at ATC over the years and they have always done an outstanding job. They have been attentive, responsive, and very organized during our aircraft acquisitions, income tax reviews, and even a difficult sales tax exemption issue, which was successfully resolved. ATC has the knowledge, experience and expertise that I can count on.
E. Fann, Alabama
True customer service is going above and beyond after the sale and supporting customers when it really counts ...when they need you most. That is exactly what Daniel Cheung at Aviation Tax Consultants did for me. I was introduced to the Nordstrom Way and way of thinking as the pinnacle of great customer service, so this is always top of mind with me. When I signed an agreement with Daniel it stated that I would receive 100% support if ever audited. I took it seriously but had no idea how important that would be to me. I never thought I would be audited, but it happened! I was audited for years 2006 and 2007 and it was just resolved in May 2016, by Daniel, to my complete satisfaction. The time and effort from Aviation Tax Consultants, to support me at no additional charge to me, were substantial over this 10 year period! I was never reminded of this during these 10 years...it is just how they do business in supporting their customers.
Keith Douglas, Florida
ATC was instrumental in the purchase process of my aircraft. Not only did they help me realize the income tax savings available on the ownership of my aircraft, but I was also able to purchase it without paying sales tax on the purchase price! ATC was professional and knowledgeable throughout the entire process and continues to be our constant source of aircraft taxation information.
Malte Lorenz, New York
Thanks so much for the prompt follow up on our discussions over the past week or so. And thanks also for talking with (the people) who handle my normal year-end tax work. It must have been a good conversation because they wholeheartedly endorsed both your strategy and your involvement as a specialist in these kinds of things.
Blaine Sweatt, Florida
We have had such a great experience working with you and your team. My staff and I are grateful that we can rely on the expertise of Aviation Tax Consultants to assist with our client's needs. We greatly appreciate your quick and helpful assistance, and we are thankful to include you as part of our team!
Kara Magsamen, L.M. Henderson and Company, LLP, Certified Public Accountants/Advisors, Indiana
Aviation Tax Consultants was invaluable to getting started with business jet ownership. In addition to the flight training, there was a massive amount to learn about maintaining the aircraft. ATC took the tax reporting procedures off my mental plate. They provided easy to use procedures, oversight, and answered all my questions timely, and generally held my hand for the entire experience. I am very satisfied.
Paul Teirstein, MD, California
Dealing with the complexities of the tax implications of an aircraft purchase was overwhelming, even for a former astronaut! Fortunately, everyone at ATC was super helpful and took care of everything--I didn't even break a sweat. I couldn't be happier with the result.
Garrett Reisman, California
I was referred to Daniel Cheung by our aircraft finance firm to provide tax consulting / compliance in relation to our companies aircraft acquisition. The purpose of the aircraft was to help our management team spend more time managing our companies, without sacrificing each of our number one assets that determine our quality of life (besides health), time. Our company has locations in several Texas markets that are management team needs to stay on top of. We will continue to keep ATC and Daniel Cheung onboard annually as part of our trusted partner and advisers to our company.
Richard Hodge, Texas
Aviation Tax Consultants helped my partner and I navigate income tax planning as well as avoid sales tax on the purchase price of our 2015 Citation M2 in the state of Michigan. I am very glad that we called them when we did, as these issues would have been nearly impossible to deal with on our own. Their first-class service begins before you even sign on as a client, as they are willing to answer any questions that you have and give you an honest assessment of your tax situation. After we began working with ATC, they remained extremely available to myself, my CPA, and other staff. Whenever we had a question, we could call ATC’s office and be speaking with Fred, Daniel, or Jon within a few moments. I would recommend Aviation Tax Consultants to anyone making an aircraft purchase.
Todd Wenzel, Michigan
The initial reason I learned to fly was in support of my business. I started out renting planes and then moved on to a flying club. After considering the tax benefits of ownership, I ended up buying a new 2003 Cirrus SR22 which I traded in for a 2010 Cirrus SR22 Turbo. The tax advantages were stupendous – yet fraught with danger from the government if one didn’t set up the proper leaseback agreements, New York state sales tax on usage versus purchase, etc. And that’s where ATC comes in. It pays to go with the experts specialized in the aviation industry. You will sleep better at night. There are just too many gotchas to trust your local CPA/Lawyer to set up and maintain your air venture entity. ATC knows the federal and state regs.
Here’s a good example. I did not pay sales tax on the purchase of my planes. Instead, ATC advised I pay quarterly sales tax based on the rental leaseback of the plane. That saved me tens of thousands of dollars up front. My company leased the plane about 80% of the time and I used 20% personally. After a few years, New York State sales tax folks came knocking. They wanted to make sure I was legit. Since ATC had set up everything correctly and instructed me on great record keeping, it was a non-event. I was good to go as is. (Shockingly, NYS has since eliminated the sales tax on airplane purchases and usage.) But you get my drift.
I give my wholehearted endorsement to the pros at ATC. They’ll get it right for your situation. You’ll sleep better at night. And you’ll likely save money in the long run.