Members of the media are invited to attend and/or arrange an interview with respected accounting and legal tax professionals whose experience include defending aggressive scrutiny tactics in revenue-starved states. If you or a colleague plan to attend the event, please RSVP to

At a time when federal tax reform has escalated the cost of living in the states of New York, New Jersey, Connecticut and Illinois, as well as a number of other states, residents continue to weigh their options – including whether to establish residency in Florida. As a result, revenue-starved states are intensifying their scrutiny of individuals and families attempting to change their residency status during a mass migration for tax purposes.

Withum’s Barry Horowitz, CPA, MST, a partner in Withum’s State and Local Tax Services based in the firm’s New York City Office, and Ted Nappi, CPA/PFS, CSEP, team co-leader of the firm’s Private Client Services based in the Red Bank office, will be joined by Alvan Bobrow, Esq., a partner in the State and Local Tax Practice of New York City-based law firm Akerman LLP for the following “hot-topic” forum. Each is available to provide commentary on this weighty subject matter to members of the media in advance of, the evening of or in the days following the event.

Who Top-ranked CPA firm WithumSmith+Brown, PC (Withum) along with Withum Wealth Management


What is hosting an informational forum entitled “Avoiding the Pitfalls of Establishing Florida Residency and Allocation Rules” to offer advice for establishing successful residency and avoiding common pitfalls
When Tuesday, May 21, 2019 from 4 p.m. to 7 p.m.
Where The Oyster Point Hotel, 146 Bodman Place, Red Bank NJ 07701

Why:  In the wake of exorbitant tax burdens being imposed by many states, in conjunction with the ability to work from remote locations easier than ever before, many high-net-worth individuals and families are now considering making a move to change their place of domicile. While Florida is the top choice for changing residency, the six other income-tax-free states include Wyoming, Washington, Texas, South Dakota, Nevada and Alaska.

Issues to be addressed include:

  • Best practices for establishing Florida residency in the current enforcement climate
  • Understanding domicile vs. statutory residency vs. allocation of income
  • How a “change of residence income tax return” should be correctly prepared
  • Planning for the state tax examination
  • Overview of recent cases and rulings
  • Common mistakes in estate planning
  • What to do and not do in establishing Florida residency

About Withum

Established in 1974, Withum is a national top-ranking public accounting firm providing advisory, tax and audit services to businesses and individuals on a local-to-global scale.  In addition to its office in New York City, Withum is headquartered in Princeton, N.J., and has a presence in major financial centers including Boston, MA; Philadelphia, PA; Washington, DC.; and Orlando, FL. Withum also is an independent member of HLB, the global advisory and accounting network.