Reporting requirements for foreign investment accounts and trusts

Posted August 23rd, 2010 by admin

This week’s interview on Financial Insider Weekly to be broadcast in San Jose and Campbell this Wednesday, August 25, is with attorney and retired CPA David Howard of the law firm Hoge, Fenton, Jones & Appel. We discuss the federal information reporting requirements for foreign bank and investment accounts and foreign trusts. There are very severe penalties for not complying with the reporting requirements, so you should watch the interview if you, a friend or family member have foreign property or investments. The interview will be broadcast at 7:00 p.m. Pacific Time on Comcast Channel 15 in San Jose and Campbell, and will be broadcast as streaming video at the same time at www.creatvsj.org.

Remember you can find past episodes of Financial Insider Weekly at www.financialinsiderweekly.com.

Tags: account, bank, FBAR, foreign, investments, reporting, trust