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[Texas Tax] Help

Discussion in 'BBS Hangout' started by The_Yoyo, May 5, 2010.

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  1. The_Yoyo

    The_Yoyo Member

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    Hey guys I have a cousin that has a possible job opportunity in Houston that pays a little bit less than an offer he has in Chicago but he isnt sure if his "take home" income would be more in houston because of the tax benefits in Texas.

    Does anyone have any info/links to pages that they can give me to send to him?

    I figured that there are some CPAs/Accountants here that have that sort of info handy.

    If it helps as to what sort of job, my cousin would be in consulting so a lot of travel to various states across the country and some clients in canada but he would be based out of Houston
     
    #1 The_Yoyo, May 5, 2010
  2. Ron from the G

    Ron from the G Member

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    I have a buddy that moved from Chicago to Houston for a job. He stated that he did get more from his check due to less taxes and that the cost to live in the city was much less in Houston than in Chicago.
     
    #2 Ron from the G, May 5, 2010
  3. bobrek

    bobrek Politics belong in the D & D

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    #3 bobrek, May 5, 2010
  4. rrj_gamz

    rrj_gamz Member

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    No clue, but Texas has no state income tax, Houston has a lower cost of living and the chicks are hotter...
     
    #4 rrj_gamz, May 5, 2010
  5. juicystream

    juicystream Member

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    Illinois's tax rate is 3%. He may be subject to a local rate in Chicago, and I don't know the COLA between the 2.

    Edit: In general Chicago is very expensive. I have a client that moved up there from GA, and the COLA has made it very difficult on her.
     
    #5 juicystream, May 5, 2010
  6. tinman

    tinman 999999999
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    have him visit both cities and see how he likes them.

    don't base his visit on basketball teams :cool:
     
    #6 tinman, May 5, 2010
  7. s land balla

    s land balla Member

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    Interesting - I work in consulting in Chicago as well (and travel from city to city for work quite often, AND was at a client in Canada for a very long time).

    What company in Chicago is the offer for? (if you don't mind me asking)
     
    #7 s land balla, May 5, 2010
  8. macalu

    macalu Member

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    and if he shops online, he's not subjected to the environmental tax. just another perk. ;)
     
    #8 macalu, May 5, 2010
  9. GlassHalfFull

    GlassHalfFull Member

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    No state income tax and significantly lower housing costs than Chicago.
     
    #9 GlassHalfFull, May 5, 2010
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