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re: Tax collectors chase rich New Yorkers moving to low-tax states.
Posted on 3/8/19 at 10:29 am to CoachChappy
Posted on 3/8/19 at 10:29 am to CoachChappy
quote:
Rush has talked about this a lot. He said the state of NY harassed him for 10 years after he moved to Florida.
It's an interesting story. They audit him every year to find if he has ever worked a day in NY since leaving. They will then tax his income for that day by taking his annual income and dividing by 365.
The burden of proof is on him (and his accountant) to prove where he was every day of every year. Rush found an easy way to do that. He submits his cell phone records for the year which shows where he was on that day making or receiving a call.
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