Moving To Low-Tax States Can Backfire For Some Business Owners

    | November 30, 2021


    The temptation for businesses to move to lower-tax locations may seem like the right option. Before business owners pick up and move, they should weigh tax savings against other costs. Matt Heckler spoke with Financial Advisor on the disadvantages for businesses to move to low-income states.

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    The article provided above, and the information contained within, is from a third party source, which we believe to be reliable, however Telemus cannot guarantee the accuracy or completeness of such information, and certain information may have been condensed or summarized from its original source. The author of this article is Jeff Stimpson, of Financial Advisor Magazine which is owned and operated by an independent third-party. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Telemus Capital. All opinions expressed in this article are for general informational and/or educational purposes. These opinions are subject to change without notice and are not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Telemus Capital does not provide tax, legal or accounting advice, and nothing contained in these materials should be relied upon as such.

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