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Chairman JAN YOUNGCommission JUDY BEA CCO DAVID BLACK KYLE JEFFERSON RICHARD ROOT RENEE SWINBURNE TODD THORNE JAN YOUNG ENROLL HOLT, ALT. CHRIS WOOD, ALT. City Attorney ERIC JOHNSON Administrative

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What is richard root?

Richard Root is a tax form used to report foreign financial accounts.

Who is required to file richard root?

Any U.S. person who has a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds is required to file Richard Root.

How to fill out richard root?

Richard Root can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.

What is the purpose of richard root?

The purpose of Richard Root is to help prevent tax evasion by providing information about foreign financial accounts held by U.S. persons.

What information must be reported on richard root?

Information such as the account number, name of the financial institution, address, and maximum value of each account must be reported on Richard Root.

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