From the Tax Law Offices of David W. Klasing - Danger - Foreign Retirement Plans Can Create Annually Taxable U.S. and State Income Even in the Absence of a Current Pay Out or Distribution

[In The News]

IRVINE, Calif., March 7, 2019 /PRNewswire/ -- If you are either (1) a U.S. citizen retiring abroad, or (2) a U.S. tax resident that has a foreign pension plan, you will likely be required to report the income accruing in your offshore retirement plan on an annual basis and your current or ...

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