Besides the beach, warm weather and great tourist attractions, ever wondered why retirees LOVE sunshine state?
Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming — DON’T tax personal income. New Hampshire and Tennessee — collect income tax ONLY on interest and dividend income.
Then there are 36 states, Pennsylvania among them, that allow retirees to exclude all or part of their retirement income from their taxable income.
Below are the most tax friendly states for retirees: Alabama, Arkansas, Delaware, Georgia, Florida, Hawaii, Illinois, Iowa, Kentucky, Louisiana, Michigan, Mississippi, New York, Pennsylvania and South Carolina.
Published by CaroKim Consulting, LLC
A certified and seasoned accountant, who can lift your tax, bookkeeping and payroll financial stress.
You earned it, I can help you legally keep it.
CaroKim Consulting provides individuals and small businesses with tax, bookkeeping and payroll accounting services.
CPAs and Tax Accountants working at CkC aim at Lifting Your Financial Stress by; e-filing tax returns timely, accurately and confidentially. Providing clients with insightful financial recommendations, to ensure they lower their tax liability as low as legally possible.
Caroline Kimani has a CPA, masters in accounting and over eight years of tax experience.
She has previously worked with the IRS Volunteer Income Tax Assistant program, Koch Industries - multi-billion dollar private company, CPA firms, RaceTrac Petroleum and currently works for at a multi-national publicly traded company.
Lifting Your Financial Stress
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CaroKim Consulting LLC 