Category Archives: Texas

IRS Extends Some Filing Deadlines for Victims of Texas Winter Storms

Posted on February 22, 2021 by Russ

The IRS announced today that they have extended the deadline for victims of Texas winter storms until June 15th. This impacts the March 15th partnership and S-Corporation filing deadline and the April 15th individual, C-Corporation, and Trust/Estate deadline for those … Continue reading →

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IRS Extends Tax Deadlines for Victims of Iowa Derecho & California Wildfires

Posted on August 25, 2020 by Russ

The IRS announced yesterday that they have extended tax deadlines for victims of both the derecho that hit Iowa and the ongoing California wildfires. The specific counties impacted can be found on the Federal Emergency Management Agency (FEMA) website. For … Continue reading →

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2020 Best States for Business: Bring Me (mostly) the Usual Suspects

Posted on June 18, 2020 by Russ

Chief Executive magazine does a survey every year of the best and worst states for business. This isn’t just a list about taxes, but includes other factors; still, it’s a good survey of what business executives look at. The top … Continue reading →

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State Taxes Matter, Lesson #21

Posted on July 5, 2015 by Russ

When does $108 million equal $80 million? When you’re leaving California and heading to Texas. DeAndre Jordan has been playing center for the Los Angeles Clippers of the National Basketball Association. Mr. Jordan just signed a free agent deal with … Continue reading →

Posted in California, Oregon, Texas | 1 Comment

Toyota Living Up to Their Slogan: They’re Going Places (to Texas from California)

Posted on April 28, 2014 by Russ

Toyota’s current slogan is “Let’s go places.” And they are–Toyota is leaving the Bronze Golden State and moving to the Lone Star State. While Toyota isn’t saying anything about why they might move roughly 5,000 employees from Torrance to Dallas, … Continue reading →

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Texas’s Gain Is California’s Loss

Posted on February 16, 2014 by Russ

Today a client asked me about where to relocate her company headquarters. Her computer engineers aren’t thrilled with the current location, and would like to move to either California or Texas. I explained the decision has a cost difference of … Continue reading →

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The Flow of AGI from One State to Another

Posted on July 20, 2013 by Russ

From watchdog.org comes an interesting interactive map showing how money has flowed from state to state. Back when I moved to Nevada from California, I noted this issue. Here’s yet more verification that this is real. The five biggest losers … Continue reading →

Posted in Arizona, California, Illinois, Nevada, New Jersey, New York, North Carolina, Ohio, Texas | 1 Comment

California Leads the Way (as Worst State for Business)

Posted on May 7, 2013 by Russ

If anyone wonders why I left the Bronze Golden State, yet another survey has come out regarding places to do business. Chief Executive Magazine rated all 50 states from top to bottom. Before focusing on the dismal state of California’s … Continue reading →

Posted in Canada, Texas | 1 Comment

Phil Mickelson Yells “Fore” to California

Posted on January 22, 2013 by Russ

Phil Mickelson has overcome a chronic illness (psoriatic arthritis) and continues to be one of the best golfers in the world. However, Mr. Mickelson golf game may be felled by something that his home state of California and the US … Continue reading →

Posted in California, Texas | Tagged | 1 Comment

Another Survey, Another Bad Result for California

Posted on May 30, 2012 by Russ

Yet another survey puts California among the worst three states from a tax perspective. Alvarez & Marsal Taxand, a consulting and tax advisory firm, surveyed 800 financial executives (302 responded). Among the questions asked was Which states do you view … Continue reading →

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