California and New York Are Losing More Residents to Low-Tax States, IRS Says
CPA Practice
MAY 8, 2023
Reducing taxes is one way to cut costs, and sometimes moving from a high-tax state to a low-tax state can eliminate thousands of dollars in expenses year after year. Over 700,000 individuals fled California’s high taxes in favor of other states with lower taxes. New York lost more than 23,000 residents and over $1.6
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