Massachusetts Tax Residency: Should I Stay or Should I Go?

Sullivan & Worcester, One Post Office Square, 21st Floor, Boston, MA
March 29, 2017

Sullivan & Worcester will host a Tax Briefings seminar, "Massachusetts Tax Residency: Should I Stay or Should I Go?," on March 29, 2017, led by Joseph B. Darby III, Richard Jones and David Nagle.

Massachusetts taxes individuals based on the concept of tax residency, namely, whether the individual either 1) is a Massachusetts "domiciliary" by choice or 2) has a regular presence in the Commonwealth. 

This seminar will explore how to avoid or terminate Massachusetts tax residency status -- particularly if you are currently a Massachusetts domiciliary and wish to reside elsewhere. Changing your state of residence involves a surprisingly complicated series of steps, actions, and intentions, starting with "proving" that you have a forthright desire to move to another jurisdiction, but also avoiding the trap of "statutory residency," which can make you a Massachusetts taxpayer even if you clearly "reside" in another state. Our panel will describe, based on representing many taxpayers over the years, the list of highly nuanced factors that the Massachusetts Department of Revenue (DOR) may use to claim that you are still a Massachusetts taxpayer, even after you have left the Commonwealth. The stakes can be huge -- especially in a year when you sell a business or engage in a major transaction.

This seminar will also provide detailed guidance on how Massachusetts taxes nonresidents on so-called "Massachusetts-source income," including income from the exercise of options after leaving Massachusetts.

Interested in attending this event? Email for an invitation.

2017 Tax Briefings

All of the Tax Briefings 2017 are complimentary. Attendees will receive 2 hours of continuing education credit. A CPE Certificate will be available to attendees at the end of each briefing.