▲ 0 r/Accounting
I am currently located in upstate New York. It looks like this year I am going to make around 900k salary/commission at my company. Projected to increase 40% per year over the next 3 years.
Would it make sense for me to move to Florida for the next few years to offset the state taxes? I would probably rent out my house (to a family member in NY) and rent a condo for the duration.
Or are there any other tax strategies that I can do to shield myself as a high earning employee with no access to stock options.
Thanks
u/GlorifiedCarnie — 23 days ago