Local employers
Johnston Memorial Hospital (Ballad Health), Virginia Highlands Community College, Washington County VA Government, K-VA-T Food Stores (Food City HQ)
Washington County, VA · VA
Financial Advisor in Abingdon, VA
Abingdon is just across the state line from Bristol — but that line changes everything about your finances. Virginia has a state income tax. Tennessee doesn't. If you live in Abingdon and work in Tennessee, or if you're considering a move across the line, you need an advisor who can model both scenarios. Talley Wealth specializes in cross-state planning for Southwest Virginia families who want to keep more of what they earn.
Connected planning
Planning for Abingdon lives, not generic households.
The financial decisions around Abingdon families often cross tax, retirement, employer benefits, business ownership, estate planning, and investment management.
Talley Wealth is built around coordinating those decisions instead of treating them as separate services.
Local proof
Talley Wealth has earned 67+ public Google reviews with a 5.0 average rating. Reviews are one proof point, not a promise of future results, but they do show that local families are willing to put their names behind the experience.
Read public reviewsLocal landmarks
Barter Theatre, Virginia Creeper Trail, Historic Downtown Abingdon, Martha Washington Hotel
Community context
Virginia side — income tax vs. TN no-tax, cross-state planning
What we coordinate
The useful details are connected.
- Virginia state income tax planning and optimization
- Cross-state planning for VA residents working in TN
- Retirement planning for healthcare and regional company employees
- Investment management with a fiduciary standard
- Business planning for Abingdon and Washington County VA entrepreneurs
- Estate planning across state lines
Representative situation
An Abingdon Executive Weighing a Cross-State Move
Situation
A Food City executive living in Abingdon, VA is considering relocating to Kingsport, TN to eliminate Virginia state income tax. They own a home in Abingdon, have stock compensation from their employer, and their spouse works part-time for a Virginia-based nonprofit. They want to understand the full financial impact before making a decision.
Approach
We might model their current Virginia tax burden against a Tennessee scenario, factoring in the spouse's continued Virginia income, capital gains from selling the Abingdon home, and any changes to their property tax. We'd also evaluate the timing of stock compensation events relative to a potential move and coordinate with a real estate professional to understand the housing market dynamics in both locations.
This representative situation is hypothetical and for educational purposes only. It is not based on, and should not be understood as referencing, any specific client or client experience.
Related next steps
Keep going from here.
Common questions
Questions worth asking before you choose an advisor.
Can a Tennessee-based advisor help me with Virginia taxes?
Yes. As an Enrolled Agent, David Talley is federally authorized to prepare tax returns and represent taxpayers in any state. We regularly prepare Virginia returns for our Southwest Virginia clients and understand the nuances of VA tax law.
I work at Food City headquarters. Can you help with my benefits?
Absolutely. We work with Food City employees on retirement plan optimization, stock purchase plans, and tax planning. Whether you're in management or on the corporate team, we can help coordinate your benefits with your personal financial plan.
Would I save money by moving from Abingdon to Tennessee?
It depends on your specific income, property situation, and goals. Virginia's income tax can be significant for higher earners, but moving costs, property tax differences, and lifestyle factors all matter. We can model the actual numbers for your situation so you're making a data-driven decision.
Do you offer virtual meetings for Abingdon clients?
Yes. While many Abingdon clients visit our office for annual reviews, we conduct most check-ins and planning sessions virtually. Geography shouldn't be a barrier to good financial planning.
Start with the real decisions in Abingdon.
Bring the question that is on your mind. We will use the call to see whether the full Keystone process is useful.