State Taxes and Local Taxes

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Each state (and the Federal District) have their own taxing authority. Cities and counties also have their own revenue departments, that raise money from their local population. As businesses grow, they interact with more and more of these tax authorities, making State and Local Taxes (known by the acronym SALT in the accounting industry) a challenging area that firms completely specialize in.

Because we specialize in helping individuals and businesses relocate to income tax free Florida from high tax states, we spend a lot of time dealing with how State taxes (and New York City’s city taxes) apply to our clients and their companies.

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