Reported 1 day ago
To qualify for tax benefits in Texas, including the absence of personal income tax, you must establish residency by securing a permanent address, transferring your driver’s license, registering your vehicle, registering to vote, and updating your address with financial institutions. Understanding these steps is crucial for a successful transition, especially for those who may have part-year residency status, which can involve tax obligations in multiple states. Consulting a financial advisor may also be beneficial for planning and complying with tax laws.
Source: YAHOO