Harless Tax Blog

Harless Tax Blog

Why you should think twice before moving your business to a low-tax state

Tuesday, March 20, 2018

Source: cnbc.com

If you're looking to save big on taxes by packing up your small business and shipping it to a friendlier state, it may be time to hit the brakes.

The new federal tax law grants special breaks for owners of businesses — there's the 20 percent deduction on qualified business income and lower tax rates for C-corporations — and entrepreneurs are searching for additional ways to save on state and local levies as well.  See More