Conklin & de Decker recently announced the release of their 2018 State Tax Guide for General Aviation (“State Tax Guide”). Packed full of critical tax information, the State Tax Guide is a must-have reference tool for helicopter and fixed-wing operators, accountants, dealers, brokers, aviation law professionals, and others. The State Tax Guide contains the latest taxes and fees imposed on general aviation in all fifty states, and it addresses the sales and use taxes applicable to aircraft sales, ownership, leases, parts, and labor.
Subscribers can search the State Tax Guide for common exemptions from the state sales and/or use taxes such as common carrier, occasional sales, fly-away and trade-in credits. Added in 20178 was the ability to search the State Tax Guide for states that have legislative activity and see the status of the legislation. Applicable registration fees, personal property taxes, jet fuel, and even aviation gasoline taxes are also covered. In addition to tax data, contact information for the Departments of Revenue and Aviation in each state is included. The State Tax Guide is PC based and allows side-by-side comparisons of three states, enabling users to quickly compare tax rates and exemptions for the selected states.
The State Tax Guide is an indispensable tool as states are looking for ways in 2018 to “enhance their revenues”. As the states continue to make tax changes in their laws and statutes that affect general aviation, Conklin & de Decker does all the research, saving subscriber’s valuable time and keeping them current on all state tax law changes. Subscribing to the State Tax Guide also provides access to the most thorough general aviation state tax information with continuous updates and support throughout the year.
Although the State Tax Guide is PC based, subscribers can stay up to date on any state tax law changes that occur through the “View Update” section. Subscribers are also able to sort the updates date or message, and they can be easily printed. Additionally, access to each state’s pages is now easier through “STG – On the Go!” via the Conklin & de Decker website with a mobile device, such as a smart phone or tablet.
“State tax laws change suddenly and can really impact your aviation operation,” stated Nel Stubbs, vice president for Conklin & de Decker and veteran tax consultant. “The Conklin & de Decker State Tax Guide for General Aviation is an essential tool where we do all the research for you and make it easy to access, saving you time and keeping you current on all state tax changes” added Ms. Stubbs.
The State Tax Guide for 2018 is available now. A one-year subscription is $500 and is downloadable from the Conklin & de Decker website enabling subscribers to have instant access to this valuable data. In addition, the subscriber receives downloadable updates throughout the year.