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Content provided by Shannon Weinstein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shannon Weinstein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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Moving to a Tax-Free State - Worth it?

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Manage episode 427825909 series 3420908
Content provided by Shannon Weinstein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shannon Weinstein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today, we're diving into a hot topic many entrepreneurs and individuals are curious about: the pros and cons of moving to a tax-free state. In this episode, we'll explore the idea of relocating to states without income tax like Florida, Texas, and Nevada, and whether the tax savings truly make it worth uprooting your life. We'll dig into the potential hidden costs, such as higher property taxes and insurance, and weigh them against the benefits. Plus, I'll share personal insights on why not all financial decisions should be purely tax-driven, and how to evaluate what's best for your lifestyle and happiness.

What you'll hear in this episode:

04:44 Consider costs, lifestyle, and tax implications.

09:48 Guide to start or clean up business.

If you like this episode, check out:

A Shortcut to Business Travel Deductions

What They Never Tell You About Depreciation

How to Deduct Self-Employed Health Insurance Premiums

Want to learn more so you can earn more?

Transform your small business journey – download the Small Business $tarter Kit here.

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.

  continue reading

615 episodes

Artwork
iconShare
 
Manage episode 427825909 series 3420908
Content provided by Shannon Weinstein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shannon Weinstein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today, we're diving into a hot topic many entrepreneurs and individuals are curious about: the pros and cons of moving to a tax-free state. In this episode, we'll explore the idea of relocating to states without income tax like Florida, Texas, and Nevada, and whether the tax savings truly make it worth uprooting your life. We'll dig into the potential hidden costs, such as higher property taxes and insurance, and weigh them against the benefits. Plus, I'll share personal insights on why not all financial decisions should be purely tax-driven, and how to evaluate what's best for your lifestyle and happiness.

What you'll hear in this episode:

04:44 Consider costs, lifestyle, and tax implications.

09:48 Guide to start or clean up business.

If you like this episode, check out:

A Shortcut to Business Travel Deductions

What They Never Tell You About Depreciation

How to Deduct Self-Employed Health Insurance Premiums

Want to learn more so you can earn more?

Transform your small business journey – download the Small Business $tarter Kit here.

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.

  continue reading

615 episodes

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