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Entertainers Working in Multiple States Run Into Tax Issues. Here Are Ways to Avoid Those Problems


Typically, workers owe taxes in their home state, where they spend most of their time, own a home, register a car, vote and more.
When they work and pay levies elsewhere, some states have reciprocal agreements, which allow workers to avoid double taxation.
While New York and Los Angeles are still magnets for those working in entertainment, some professionals have moved to lower-tax jurisdictions, said Jason Moll, CPA and partner of HarnarMoll LLP in Nashville, Tennessee.
For example, while there s a top levy of 13.3% in California, states like Florida, Nevada, Tennessee and Texas may be attractive because they are income-tax-free. ....

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The Estate Tax May Change Under Biden, Affecting Far More People


The Estate Tax May Change Under Biden, Affecting Far More People
In contrast to previous changes, the tax code could be modified in a way that affects everyone who has something of value to leave to heirs.
With Democrats in control of the House and the Senate, President-elect Joseph R. Biden Jr. has a clearer path to bringing his agenda to fruition, but tax changes are a low priority.Credit.Erin Schaff/The New York Times
Published Jan. 15, 2021Updated Jan. 19, 2021
Tax policy used to be fairly boring and predictable. But in the past decade, it has become dynamic in a way that tax advisers don’t like: It changes with the political party in power. ....

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