• IEQ Capital Senior Managing Director Jennifer Kowal discussed state tax residency planning in a fireside chat with Armanino Partner Yoni Fix, framing residency as a growing driver of overall tax exposure for ultra-high-net-worth individuals.
• The discussion pointed to a shift in state tax policy toward broader ways to tax high earners, including surtaxes or capital gains taxes, alongside tighter scrutiny tied to liquidity events.
• Residency outcomes were described as fact-specific, with day counts or licenses rarely decisive on their own, raising the importance of a consistent “center of life” profile.
• Audit risk was highlighted as rising for wealthy taxpayers, with multi-year, document-heavy reviews that can pull in financial records or travel data.
• Post-move conduct was flagged as critical, with ongoing exposure possible through state-sourced income such as compensation or business income despite a change in residency.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IEQ Capital LLC published the original content used to generate this news brief on May 19, 2026, and is solely responsible for the information contained therein.