Report: State Individual Income Tax Rates and Brackets, 2026

In this presentation, attorney and CPA Chad D. Cummings explains why the choice of where your company is domiciled can cost or save you tens of thousands of dollars every year. Eight states—Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Wyoming, and New Hampshire—impose no individual income tax at all. For owners of pass-through entities like LLCs, S corporations, and partnerships, this means your business income could be taxed at 0% instead of up to 13.3% in California or over 10% in New York and New Jersey. While many states are actively cutting income taxes, a few are moving in the opposite direction with higher rates and new wealth taxes. Chad breaks down the massive tax savings available and why redomestication is the easiest, cleanest, and most tax-efficient way to move your existing company to a no-income-tax state without dissolving it, without forming a new entity, without losing your FEIN, and without triggering federal taxes. Avoid the costly mistakes of dissolution, foreign registration, or mergers. If you're a business owner tired of paying high state taxes, this presentation shows you exactly how to protect your income and act before rates rise further. Learn more: https://www.cummings.law/redomestication/