Evaluating the True Costs of Moving to a Tax-Free State

In this episode, Shannon delves into the popular topic of relocating to a tax-free state. She explores the potential benefits, hidden costs, and vital lifestyle considerations one should evaluate before making such a significant move. Whether listeners are considering states like Florida, Texas, or others with no income tax, Shannon provides insights to ensure their decisions are based on more than just tax savings. Get ready to rethink strategies and make informed choices that truly benefit life and business.  What you'll hear in this episode: 01:24 States with no income tax; other taxes apply. 

04:08 Consider convenience, resources, and potential travel costs. 

07:13 US tax system preferred over Costa Rica's complexity.  If you like this episode, check out: Business Travel Expenses Made Easy 

The Truth About IRS Agents and Getting Audited 

End-of-Year Financial Prep: Three Essential Steps for Business Owners  Want to learn more so you can earn more? 5-Day Financial Mindset Refresh: https://www.keepwhatyouearn.com/refresh  Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ  Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.