How to move an LLC or corporation to another state [step-by-step]

Attorney and CPA Chad D. Cummings reviews the U.S. Census Bureau’s domestic migration data for 2025. California lost 229,100 residents to other states. New York lost 137,600. Illinois lost 40,000. New Jersey lost 37,400. Massachusetts lost 33,300. Those five states produced a combined outflow of 477,400 people in a single year. Visual Capitalist mapped the figures, and the pattern is clear: the country is sorting itself by tax policy. California ranks 48th on the Tax Foundation’s 2026 State Tax Competitiveness Index. New York ranks 50th. New Jersey ranks 49th. Massachusetts ranks 43rd. Illinois ranks in the bottom quarter. Four of the six lowest-ranked states for tax competitiveness sit among the five largest domestic losers. Learn about moving your company to another state: https://www.cummings.law/redomestication/