Podcast: Changing domicile in today’s environment

November 20, 2020

             Podomatic         |            iTunes                |            Spotify

Retirement, taxes, lifestyle, family, and taxes are just a few of the reasons why your clients may consider a change in where they are located. In this episode of the PFP Section podcast, Steve Siegel, J.D., LLM walks you through what you need to consider as you advise clients, including:

  • Distinction between residency and domicile
  • Actions to sever domicile in one state and create it in another
  • Five essential factors that state auditors focus on when determining domicile
  • Ramifications of remote working across state lines during the pandemic

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This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS Credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

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