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”
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