The Tax Foundation, a nonpartisan tax research group, named Wyoming as the state with the best tax climate in it's 2014 study of nationwide tax policy. New York was rated worst.
The study, which utilizes more than 100 variables and criteria, enables business leaders, potential businesses and policy makers to compare their states to others.
South Dakota, Nevada, Alaska and Florida round out the top five, while the bottom five are made up of Rhode Island, Minnesota, California, New Jersey and New York.
The other state of regional interest to my clients is Colorado, who ranked 19th on the list.
For more information or to see the entire list, go to www.taxfoundation.org