Ever work in one state but live in another? This can create a tax nightmare if you do not handle it correctly. Listen in to this episode of the Ask Ralph podcast, where host Ralph Estep Jr. tackles double taxation problems with remote workers living and working across different states. Ralph Torres -Tips on How to Find and Obtain Payment Protection Tax Cuts for Your Business Ralph offers advice about receiving tax credits, understanding the specific state laws, and reducing your taxable income. Ralph: it is always important to seek advice from a professional, keep track of the time spent in each state, and file correctly as a non-resident.
https://www.askralphpodcast.com/
00:00 Episode Overview
00:21 Recap And Show Announcements
02:06 Bible Verse
02:37 Why will you owe state income taxes where you worked?
03:42 Why will you also owe state income taxes where you lived?
04:14 How may you claim a tax credit?
05:02 How can you determine your state residency status?
05:36 Why should you adjust withholdings or make estimated tax payments?
06:24 How can you file nonresident returns properly?
08:07 Why should you track time spent in each state?
08:59 Why should you pay close attention to retirement contributions?
08:46 Why should you consider the impacts on property and investments?
09:17 Why is it important to maintain good records?
1049 Outro
