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Managing Taxes When Moving: Establishing Genuine Residency
This chapter emphasizes the importance of truly changing tax residency when moving to a new state, cautioning against deceptive practices that may lead to future regrets. It provides insights on understanding and managing tax residency to avoid audits and discusses strategies to establish residency in a new state convincingly. The speaker advises on the significance of proving intent to relocate and severing ties with the previous state to avoid tax issues.