P>So insider weekly. I'm your host, Michael Gray, CPA. My guest today is David Howard. David is an attorney with Hope Fenton Jones and Appel in San Jose, and he's also an inactive CPA. He was formerly a multinational tax partner with Deloitte LLP, an international CPA firm, for over 20 years. At Deloitte, he developed tax strategies for multinational corporations, Silicon Valley startups, family corporations, corporate executives, and wealthy individuals. His former clients encouraged him to return to practice and get into the law, so that's what he's doing now. David has taught extensively, including for the California CPA Society, New York University Tax Institute, San Jose State Masters and Taxation program, and much more. He's recently been helping Hope Fenton clients get in compliance with the information reporting requirements for offshore bank accounts and trusts, which are nicknamed "F BAR," and that's what we're going to be talking about today. So, David, thank you for joining me as my guest today. Sure, my pleasure. Ok, as we get started folks, I'm going to continue as I usually do. We're talking about a highly complicated area of the tax law, and if you think this might apply to you, we definitely recommend that you get together with tax counselors, and you may very well need to get an attorney involved in this one. I think so anyway. So, David, why don't you explain? First of all, let me say that this is February 7th, 2012, and so this is going to be airing in some time. And so, more information is going to be coming out. For example, we're going to be talking about a new voluntary compliance program. Some of the details aren't out yet. We're going to talk about the best we can, okay, David? But once you...
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Video instructions and help with filling out and completing Can Form 3520 Requirements
