TAX2509. Escaping the High-Tax Blues: How to Effectively Change Your Residence from a High-Tax State to a Low- or No-Tax State.

Changing your residence from a high-tax state to a lower-tax state is not as easy as many people think: spending six months and a day in a new state and filing a bunch of paperwork is no longer sufficient. In this session, we will discuss the rules applicable throughout the United States that affect a state’s ability to challenge a taxpayer’s residency

Learning Objectives:

• Determine what it takes to get a state to accept a taxpayer’s change of residence.
• Recognize the tax implications of moving to a low- or no- tax state.
• Identify certain traps for the unwary.