Before changing your domicile for income tax purposes, watch our informative webinar for guidance on the far-reaching tax implications to avoid costly penalties. As states ramp up income tax audits in an effort to raise revenue, it’s critical for you to understand the complex rules surrounding “statutory residency” and “domicile” to determine your state personal income tax liability.
Our state and local experts will cover:
- the meaning of residency for state income purposes
- rules states use to determine a change of residency
- how to properly implement a change in domicile
- common mistakes taxpayers make
- audit techniques used by states