With the passage of Question 2, imposing a 3 percent tax surcharge on taxable incomes over $200,000 effective for 2017, the number of people seeking to leave Maine will likely climb.
Frequently, the go-to state is Florida, which has no personal income tax, no estate tax and much warmer winters. Other low- or no-income tax states, such as nearby New Hampshire, are also a strong draw.
While people have the right to move from one state to another, it is extremely important that the change be made correctly and honestly. Failure to do so can lead to intrusive tax audits and large assessments of back taxes, including interest and penalties.
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