CPA’s like all other providers of personal financial services are now required by law to inform their clients of their policies regarding privacy of client information. CPA’s have been and continue to be bound by professional standards of confidentiality that are even more stringent than those required by law. Therefore, we have always protected your right to privacy.
Notice to EU Individuals: this Privacy Statement and its enumerated policies are intended to comply with Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 (the “General Data Protection Regulation” or “GDPR”) and provide appropriate protection and care with respect to the treatment of your user information in accordance with the GDPR.
Types of Nonpublic Personal Information We Collect
We collect nonpublic personal information about you that is provided to us by you or obtained by us with your authorization.
Parties to Whom We Disclose Information
For current and former clients, we do not disclose any nonpublic personal information obtained in the course of our practice except as required or permitted by law. Permitted disclosures include, for instance, providing information to our employees and, in limited situations, to unrelated third parties who need to know that information to assist us in providing services to you. In all such situations, we stress the confidential nature of information being shared.
Protecting the Confidentiality and Security of Current and Former Clients’ Information
We retain records relating to professional services that we provide so that we are better able to assist you with your professional needs and, in some cases, to comply with professional guidelines. In order to guard your nonpublic personal information, we maintain physical, electronic, and procedural safeguards that comply with our professional standards.
Please call if you have any questions, because your privacy, our professional ethics, and the ability to provide you with quality financial services are very important to us.
IRS Section 7216 Regulations
On January 1, 2009, IRS regulations under Internal Revenue Code section 7216 became effective. Treas. Reg. section 301.7216 represents a modification of previous regulations that had remained largely unchanged for 30 years. The newly revised regulations attempt to address modern return preparation practices, including electronic filing and the cross marketing of financial and commercial products and services by tax return preparers.
Absent a specific, exception, Treas. Reg. section 301.7216 generally prohibits the disclosure or use of tax return information without the client’s explicit, written consent. In general, a “disclosure” of tax return information involves a disclosure by the preparer of a client’s return information to a third party. A “use” of tax return information generally involves the use of the return information by the preparer potentially for the purposes of offering non-tax services to the taxpayer.
Under section 7216, a tax return preparer is subject to a criminal penalty for “knowingly or recklessly” disclosing or using tax return information. Each violation of section 7216 could result in a fine of up to $1,000 or one year imprisonment, or both. Internal Revenue Code section 6713, the companion civil penalty, imposes a $250 penalty on a preparer for each prohibited disclosure or use of the return information, but the total amount imposed under this subsection on such a person for any calendar year shall not exceed $10,000.
Section Overview: We care about the protection of your information and our computer service provider uses industry standard safeguards to do so. Of course, it’s important to keep in mind that no data transmission on the Internet is guaranteed to be 100% secure.
Your information is stored on servers located in the United States. Our computer service provider uses industry standard physical, electronic, and organizational safeguards to protect your information against loss or theft as well as unauthorized access and disclosure to protect your privacy. We treat data as an asset that must be protected against loss and unauthorized access. Our computer service provider employs many different security techniques to protect such data from unauthorized access by users inside and outside the company. However, “perfect security” does not exist on the Internet. If you are concerned that your privacy may have been breached, please contact us as provided below.
As Required By Law
Elizabeth A. Gobble, CPA may disclose your personal information if required to do so by law such as to comply with a subpoena or in the good faith belief that such action is necessary to conform to the edicts of the law, protect your safety or the safety of others, investigate fraud or comply with a judicial proceeding, court order or legal process served on Elizabeth A. Gobble, CPA or to protect and defend the rights or property of Elizabeth A. Gobble, CPA.
Notice to EU Individuals: As outlined in this Privacy Statement, Elizabeth A. Gobble, CPA will not process your information without a lawful basis to do so, as such bases are defined in Article 6 of the GDPR. In general, Elizabeth A. Gobble, CPA will process your information on the legal bases of consent, contract (if you have entered into an agreement with us and such processing is a necessary part thereof), or legal obligation (as noted above).
How to Contact Us
Section Overview: Please contact us if you have any questions or requests.
If you have any questions regarding this Privacy Statement please feel free to contact us by e-mail at firstname.lastname@example.org or the mailing address below. Our mailing address is Elizabeth A. Gobble, CPA, C/O Jeffrey Gobble – Privacy Officer, P O Box 1309, 108 E Sterling Ave, Buena Vista, CO 81211.
Because of these rules, as we have in the past, we need your signed written consent prior to providing copies of tax returns or other financial information to bankers and or other third parties who may need a copy of your return or financial information. We appreciate your cooperation.
(Effective Date May 25, 2018)