EPISODE · Apr 7, 2026 · 14 MIN
Report: Corporate America is on the move
from #LegalBytes: The Official Podcast of Cummings & Cummings Law · host Cummings & Cummings Law
In this presentation, attorney and CPA Chad D. Cummings breaks down a report of the accelerating corporate exodus from high-tax states like New York and California. With 561 companies relocating headquarters since 2018, Texas alone captured 100 moves while the San Francisco Bay Area suffered a net loss of 156. Discover why businesses are choosing lower taxes, reduced costs, and stronger growth in Texas and Florida, and why iconic New York brands are now exploring relocation options. Learn the critical differences between redomestication, foreign entity registration, mergers, and dissolution—and why redomestication is the easiest, cleanest, and most tax-efficient way to move your company to a new state without disrupting operations, losing your FEIN, or triggering taxes. If you're a business owner concerned about rising tax proposals in New York and California, this presentation shows you exactly how to protect your company and act before it's too late. Learn more: https://www.cummings.law/redomestication/
What this episode covers
In this presentation, attorney and CPA Chad D. Cummings breaks down a report of the accelerating corporate exodus from high-tax states like New York and California. With 561 companies relocating headquarters since 2018, Texas alone captured 100 moves while the San Francisco Bay Area suffered a net loss of 156. Discover why businesses are choosing lower taxes, reduced costs, and stronger growth in Texas and Florida, and why iconic New York brands are now exploring relocation options. Learn the critical differences between redomestication, foreign entity registration, mergers, and dissolution—and why redomestication is the easiest, cleanest, and most tax-efficient way to move your company to a new state without disrupting operations, losing your FEIN, or triggering taxes. If you're a business owner concerned about rising tax proposals in New York and California, this presentation shows you exactly how to protect your company and act before it's too late. Learn more: https://www.cummings.law/redomestication/
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Report: Corporate America is on the move
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