Nick Romer has written several books specifically regarding issues airline crewmembers frequently face. The tax deductable book prices range from $50 to $150 with a book purchase entitling you to a free discussion with Nick about any subject an attorney/CPA would be competent to discuss. After reading one or more of the books, you will be better armed to discuss the issues of concern. The books are tax deductible. Discussions with Nick are protected by applicable attorney-client privilege. Call Nick anytime to order: 1-800-836-0012 or, ask Nick for a copy of the book table of contents.

Federal Taxation of Airline Crewmembers is a 50-page book written by Nick Romer explaining aircrew-specific tax deductions and strategies—all supported by citations to legal authority. The book also discusses other issues aircrews often face such as enhanced tax deductions associated with temporary assignments, deducting duplicate living expenses at a second job, the foreign earned income exclusion, tax-free property exchanges, overseas investments, aircraft and other large-purchase sales taxation, the effect of community property state laws on federal tax return filing, innocent spouse status, taxpayer appeal rights, and more. Tax deductable price: $100

State Income Taxation of Airline Crewmembers is a 50-page book written by Nick Romer designed to help you make an informed decision about whether you are subject to state income tax. The book dispels commonly held misconceptions about what factors make an aircrew subject to a particular state's income tax laws. It cites several legal authorities, including federal statutes, that protect aircrews from state taxation and court cases highlighting factors considered determinative when considering residence questions. The book also explains how states currently find and prosecute non-filers and what steps are necessary to become a resident of a chosen state. Tax deductable price: $75

Marriage & Divorce: Tax and Asset Preservation Planning is an 80-page book written by Nick Romer intended to help persons understand asset preservation and tax planning when marrying or divorcing. The book includes marital legal topics like prenuptial and postnuptial agreements, gifting, trusts, establishing and maintaining separate property, ending the appreciation of divisible marital property by living apart, minimizing the cost of a contested divorce, do-it-yourself divorce, etc.

The book discusses tax implications of divorce including property transfers between spouses, joint versus separate tax returns, allocating dependent exemptions, payments in lieu of alimony, informal marital settlement agreements, retaining a right to use homestead property to preserve interest and property tax deductions, etc. The book explains how to maximize education and other credits, preserve the $500,000 capital gain exclusion on the sale of a residence, qualify for innocent spouse tax relief, use the “kiddie tax” to help pay for college tuition, and more.

The book can be purchased for $75.00 by calling Nick Romer at 1-800-836-0012. The cost of the book entitles the buyer to a free discussion with Nick, or a credit toward services Nick may be asked to provide.

Asset Protection, Estate Planning, College & Elder Care Funding is a 100-page book offering a foundation that will help you analyze difficult financial choices. Asset protection subjects include business entity choices, joint ownership of property, asset protection trusts, offshore investing, and bankruptcy. Estate planning subjects include wills and probate, probate avoidance, guardianships, transfers to minors, incapacity, federal estate and gift tax, living trusts, and more. The sections on paying for children's college contain private funding and government assistance alternatives. Elder care subjects include ways to fund long-term elder care including, Medicaid, Medicaid trusts, reverse mortgages, medi-gap insurance, long term care insurance, and Medicare. Throughout the book the effect of state laws are considered and compared to help you identify the low-tax states and the states that tend to protect assets and the elderly. Tax deductable price: $150

The two chapters of this book on Asset Protection and on Estate Planning may be purchased as individual books:

Asset Protection in 50 pages. This book excerpts the asset protection chapter from the 100-page book appearing above. Tax deductible price: $50.

Estate Planning in 40 pages. This book excerpts the estate planning chapter from the 100-page book appearing above. Tax deductible price: $50.

Defending Against IRS Claims That Your Business is Merely a Hobby is a 35-page book written by Nick Romer explaining how to avoid and/or defend against IRS claims that your business is not a legitimate for-profit activity. The book focuses on activities that are often attacked by the IRS as being hobbies not engaged in for profit. Specific Tax Court cases are cited together with pertinent references to the Internal Revenue Code and associated Treasury Regulations to provide the reader with the legal authority behind the book's observations. The book also discusses how the IRS uses passive activity regulations to negate the tax effect of losses arising from alleged hobby activity. Tax deductable price: $100

Internal Revenue Code Section 183 “Hobby Loss” Provisions Applied To Horse-Related Activities is a 27-page book written by Nick Romer similar to the “hobby loss” book described above but is specific to the horse industry. Nick’s involvement in horse-related activities for over twenty years gives him a foundation for applying the tax law to horse businesses at risk of being challenged by the IRS. Tax deductable price: $100

Tax Issues for Aircraft Owners and Tax Issues for Boat Owners are two books that address tax and other topics current and prospective aircraft and boat owners should contemplate. Sales tax avoidance, business usage, out-of-state incorporation, business and personal tax deductions, fuel credits, avoiding taxable gains, and several other issues are discussed. Tax deductable price: $100