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In this episode of Corporate Conversations, hosts Anna Tang, Doug Schwartz and Kimberly Kamkar explore the challenges of changing residency from high-tax states like California to low-tax states like Florida and Texas. They cover the legal steps needed to change domicile, the scrutiny by state tax boards and practical tips for genuinely severing ties with your former state. They also discuss the implications of potential new tax laws, such as California's proposed billionaires' tax. This episode provides essential insights for taxpayers contemplating a move to reduce their state tax burden.
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