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Tax issues when moving
Old 08-29-2007, 08:26 PM   #1
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Tax issues when moving

Today's WSJ has a good article on cutting your ties with a previous state when you move to a low tax state. Tax Report -

From the article:

Some tips: Don't leave personal items such as family photos and jewelry in a part-time residence or a safe-deposit box in your former home state, and join clubs and execute a new will in your new home state. More red flags for auditors: People with homes in more than one state, especially those with large incomes, and people who made a large sale of a partnership interest or stock in their business shortly after saying they'd moved to a low or no-tax state. . .



No more lawyer stuff, no more political stuff, so no more CYA

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Old 08-30-2007, 01:57 AM   #2
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Interesting. The finer points often come into play when there is a dispute.
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