Thinking of Moving to a Lower-Tax State?

Dated: September 2 2020

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Tax Angles to Consider

If you’re considering moving to a different state, taxes in the new state may be the deciding factor—especially

if you expect them to be lower.

This article identifies the relevant state-tax issues for folks who are thinking about moving to a lower-tax state.

Here’s what you need to know.

Consider All Applicable State and Local Taxes

If your objective is to move to a lower-tax state, it may seem like a no-brainer to move to one that has no

personal income tax. But that’s not a no-brainer!

You must consider all the taxes that can potentially apply to local residents—including property taxes and

death taxes.

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Dwight Cook

BRILLIANT Real Estate Team, Technology Driven but Customer Focused. Let's Talk!....

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