Many taxpayers are fleeing high-taxed U.S. states for Florida and Texas.
Simply moving to the state, however, is not enough these days...
You need to establish residency in the new state and do enough to "persuade" the previous state that you actually left and are no longer a resident.
This video covers the steps you can take to establish Florida residency and the steps required to break residency in your prior state.
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DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.
#FloridaResident #TaxResidency #StateTaxes
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