Where Should You Call Home in Retirement?
Are you planning on retiring soon? There are a lot of things to consider and prepare for when you’re ready to call it quits and start enjoying the so-called “golden years,” especially when it comes to your financial future. One of the most important matters to take care of is how your taxes will affect your retirement. There are many different factors to consider, but one of the most important is simply where you live.
The Best
So what are the best states to call home after you hang up your working shoes for good? There’s a reason that Florida is the butt of many senior citizen jokes, but perhaps surprisingly, according to Kiplinger’s Personal Finance, the Sunshine State is only the tenth most tax-friendly state to live in for retirement. Other states in the top 10 on Kiplinger’s list from nine to one include South Dakota, Louisiana, Arizona, Delaware, Georgia, Mississippi and Nevada at number two. Taking home the top spot is Alaska.
The Worst
On the other end of the spectrum these 10 states scored the worst as far as being tax-friendly goes. In order from 10 to 1 they are: New York, New Jersey, Nebraska, California, Montana, Oregon, Minnesota, Rhode Island, Connecticut and Vermont. So there you have it. If you’re looking for a new tax-friendly place to call home when you decide to retire then consider these lists closely.
Hidden Costs of Estate Settlement
Hidden Costs of Estate Settlement As you look for ways to improve the financial outlook for your family, give extra attention to your choice of an executor for your will. Generally, the fee for settling an estate relates to the responsibilities of the job, not to who does the job. That means that anyone you…
United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States
United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States A Greenstein, Rogoff, Olsen & Co. Analytical Report This document has been prepared for the assistance of those interested in residing, investing and/or doing business in the United States. The United States tax laws are…
U.S. Income Tax Issues Faced by Foreign Owned Corporations
U.S. Income Tax Issues Faced by Foreign Owned Corporations — Foreign company tax in USA Part 1: United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States Accounting year for tax purposes: U.S. Tax Law requires that a U.S. corporation controlled by a foreign corporation…
Foreword to United States Tax Laws
Foreword to United States Tax Laws United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States Greenstein, Rogoff, Olsen & Co. is a respected and well-recognized leader among the San Francisco Bay Area accounting firms by providing distinctive high quality tax and accounting consulting services.…