Reducing your tax burden is a good way to improve your company’s bottom line. However, there are only so many deductions that can be made on your assets. Another option for bigger tax cuts could be a business relocation. There are three tax-friendly states you might want to consider moving to for maximum savings, including:
- North Carolina
At Thomas Transfer & Storage, we’re Wichita commercial movers who can make relocating to a new state a smooth process. Our certified ProMovers are here to make moving to a tax-friendly state as easy on your staff as possible. We are experienced at tackling long-distance moves, so our customers don’t have to deal with a lot of extra stress.
Enjoy Affordable Income & Corporate Taxes After Moving Your Business
So, these three states offer different rates for income and corporate taxes. However, each is very affordable. The Tax Foundation Org’s website provides a convenient list of the tax rates for all 50 states.
Nevada by far is the best option as a tax-free state. There are no income taxes or business taxes applied to earnings here. If your main concern is lowering the tax burden for employees, Florida is also another great choice with no personal income taxes. North Carolina also makes the top of the list with a corporate tax of 2.5% and a personal income tax of 5.25%.
Moving Your Business to Retain/Attract Employees
It’s also worth considering the other benefits of a new location before you choose a new place to live. States with better infrastructure, quality schools, and entertainment are more appealing for employees. You’ll have an easier time attracting and retaining new hires if you choose a city and state that offer an improved quality of life.
Nevada is a very affordable place to live with plenty of extra housing for employees who relocate to this state. It’s also got a vibrant nightlife in Reno, Carson City, and Las Vegas. The western part of the state is also home to a few excellent ski runs and lodges.
Florida is home to lively cities like Miami, Tampa, and Orlando. It’s also filled to the brim with activities to do and places to visit, not to mention the award-winning beaches.
North Carolina has similar appeal as a tourist spot, but also has large swathes of forest along three major mountain ranges. Naturally, there are plenty of outdoor activities for residents from mountain hiking to rafting to ocean fishing. The economy in North Carolina is also actively growing with convenient routes to Washington D.C. and New York City.
Our Business Moving Services
When you are ready to make your corporate relocation to another state, consider using Thomas Transfer & Storage. Our Wichita office movers have the training and experience needed to tackle all kinds of moving challenges. We also offer tailored moving plans with a range of features and amenities like:
- Move Coordination
- Fully Equipped Vehicles
- Heavy Equipment Relocation
- Fine Art & Valuable Moving
- Computer & Electronic Moving
- Medical & Lab Equipment Moving
Our Employee Relocation Services
We can also provide residential moving services for your employees. Our team will be happy to work with a couple of your team members on their employee relocations or help the entire staff move. We’ll even coordinate everything with your HR department.
We’re also proud to be agents for United Van Lines, which allows us to complete large-scale relocations in a smooth, efficient manner. Our team is even able to offer several moving and storage services to make things easier for clients:
- Premium Packing Materials
- Full-Service Packing
- Custom-Crating Services
- Online Shipment Tracking
- Valuation Options
- Short- or Long-Term Storage
Whether your move is motivated by the corporate tax rate or a need to bring in new hires, Thomas Transfer & Storage can help you complete it. Give us a call about scheduling a free consultation to learn more about our Wichita long distance moving services. Or you can fill out our online form to request an estimate for a corporate relocation.