Tuesday, 24 July 2018

Here’s why it’s tough to flee high-tax states

People trying to flee steep taxes may find themselves stuck. High-tax states like New York make it difficult to leave, using aggressive methods to see whether people have really severed ties with their former homes, Bloomberg reported. In New York, the Department of Taxation can issue subpoenas to go through credit card statements and bank records. It may even send auditors to confirm appointments or interview doormen, the report said. Additionally, former New Yorkers who […]



source https://therealdeal.com/2018/07/24/heres-why-its-tough-to-flee-high-tax-states/

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