Friday 1 May 2020

Escaping New York? Tax man is right behind you

Many New Yorkers have fled the city for upstate, Long Island or Florida to reduce their coronavirus risk and their stress. But their tax rates? Not gonna change. Tempting as it might be to pay the lower income taxes of their pandemic refuges, relocated residents should resist — especially if they earn a lot of money, experts say. “If you’re making $1 million or more and change your tax residence, chances are you are going



source https://therealdeal.com/2020/05/01/escaping-new-york-tax-man-is-right-behind-you/

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