50 State Series: How to move your LLC or corporation out of Massachusetts and keep your EIN

Massachusetts has become one of the clearest examples of how quickly a once-competitive tax state can become hostile to high earners and business owners. In this presentation, Chad D. Cummings, CPA, Esq., explains how Massachusetts fell from 36th to 43rd on the Tax Foundation’s 2026 State Tax Competitiveness Index after voters approved a constitutional amendment creating a 9 percent top individual income tax rate on income above $1 million. The discussion covers the impact on pass-through business owners, Massachusetts corporate excise tax, unemployment insurance taxes, estate tax, transfer tax, public debt, pension funding pressure, and why future tax increases remain a material risk. The presentation also explains how business redomestication can allow a company to move its legal domicile to Florida or Texas without dissolving, forming a new entity, losing its EIN, disrupting contracts, or sacrificing business credit history when handled with proper legal and tax formalities. Learn more: https://www.cummings.law/redomestication/