How Tax-Friendly Is Your State?
Money Geek
Dan Sudit, partner at Crewe Advisors, shares his thoughts on taxes in regards to moving to a new state with Jeff Ostrowski at MoneyGeek. “When moving to a new state, people should be familiar with the differences in state income tax rules. Where some get surprised is when the new jurisdiction in which they are domiciled has significantly higher tax rates or taxes different income sources differently. It is worth noting that most states that collect individual income taxes only tax wages and salary income, but not all of them,” says Sudit.
