Berliner Cohen attorney David Bellumori joins Scott Fuller from LeavingtheBayArea.com to discuss residency planning and Franchise Tax Board (“FTB”) residency audits.
If you are considering packing up and leaving the state, you will benefit from being aware that the FTB can be aggressive in pursuing revenue from taxpayers who move out of the state shortly before a significant income event. Contrary to what is sometimes suggested online, there are no “bright line” tests, and the analysis depends on all the relevant facts and circumstances. Simply moving to another state and registering your vehicle and to vote may not be enough.
Attend this webinar to learn more about this topic, including what factors the FTB weighs in a residency audit, and to understand why planning your move carefully is so important.
Webinar: How to Minimize Your Exposure To The Franchise Tax Board When Exiting California
Oct 14, 2020 11:30 AM in Pacific Time (US and Canada)
Learn more and register here.