Deferred Compensation and Retirement Planning
I expect to receive deferred compensation, bonuses and or retirement benefits and I do not know whether I will owe state and local income taxes on such amounts?
Some retirement benefits may be exempt from state taxation and some are not. Some deferred compensation and bonuses may be taxable in whole or in part by a state and local government even if you are a nonresident. Planning around these issues can affect the amount of tax that you may owe.
Call us today at 212-232-2410 or contact us online to discuss your options.