In this episode, we talk about state taxes and why understanding them is a key aspect in successful financial planning. We discuss:
Types of taxes imposed by states. Including, income, property, sales, and capital gains taxes.
The relationship between federal and state taxes—how paying state taxes may impact your taxes due to the federal government.
Why understanding your state taxes will benefit not only your near-term financial planning but your long-term choices and goals.
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From Discipline to Freedom: Mastering State Taxes, The Importance of Discipline in Understanding and Managing Them