Ashley Quinn is a Nevada firm of CPAs and financial professionals with particular experience in tax planning aspects of relocation from California to Nevada.

Nevada remains one of seven states with no state income tax, which makes it even more attractive for relocation. For those coming from California, the income tax savings can amount to 13% of your taxable income. To obtain Nevada residency, an individual must make Nevada his principal place of residence, or his primary home.

So according to Ashley Quinn, what are some of the most important steps to plan for tax savings in Nevada?

Residency is a question of fact and is normally considered when the taxpayer maintains their closest connections within that state. The “Close Connection Test”

The extended deadline for filing taxes this year is October 17.*

MarketWatch has provided tips for last-minute filers, see the top tips below:

• ·        Don’t wait until the very last minute to file online. Imagine if your software stops working, or you have internet issues – you could end up missing the deadline all together.
• ·        Planning to file on paper? Check local U.S. Post Offices for which branches will be post-marking mail up until midnight. Doing this in advance will show you exactly where to go and be sure to show up at least a half hour before they close.
• ·        Even if you don’t have all that you need to file a complete return, submit it anyway. You will get hit with a 5% per month late filing penalty if you miss the