I'm the CEO of a small company based in Texas. I reside in Pennsylvania, and commute to Texas a few days per week to support the business, but otherwise work remotely. Is it cheaper for me to reside in Texas or continue in Pennsylvania in terms of personal income tax?
It would be cheaper for you to live in Texas. Texas does not impose income taxes.
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Answered by: Scott Rubinsky, CPA, is a sole practitioner in Huntingdon Valley, Pa.