multi-state residents and double taxation – The Burns Firm – Advisors of Complex Financial Matters

Multi-state Resident? Watch Out for Double Taxation

November 25th, 2019|Categories: Burns Firm, Services, Tax, Tax Planning, Tax Preparation, Tax Return|Tags: CPA Dallas, domicile vs residence, how to establish domicile, multi-state residents and double taxation, tax, Tax planning, tax preparation, The Burns Firm|

Contrary to popular belief, there's nothing in the U.S. Constitution or federal law that prohibits multiple states from collecting tax on the same income. Although many states provide tax credits [...]