Course Description

This program will address applying residency tax rules to commuters, occasional visitors, and full-time residents of the various states. It will also identify the practices most states use to determine if a taxpayer has "truly" changed their residence. For example, changing your residence from a high-tax state (think NY, NJ & CA) to a low or no-tax state (think FL) can dramatically reduce the amount of state taxes you have to pay. But high-tax states don't let their residents go smoothly. If you continue to maintain any connection to the former residence (think snowbirds), the high-tax state may contest that you genuinely changed your residence. 
In this webinar, you will learn how states determine a taxpayer's residency and how to make the states respect your residency change. 

Learning Objectives:

• Determine statutory residence rules and how to count a "day" 

• Identify concrete steps necessary to change your domicile 

• Recognize common traps for the unwary practitioner