|Your Tax Information is Confidential
Tax returns and tax return information are confidential and may not be disclosed to federal or state agencies, or to
federal or state employees, or to any third party, except as provided by law. Disclosure of tax return information to
federal or state agencies or employees is governed by Internal Revenue Code Section 6103.
A tax professional or tax return preparer who uses information from a tax return for any purpose other than to prepare a
tax return, or who makes an unauthorized disclosure of return information, is subject to a $250 penalty for each
disclosure, up to a maximum penalty of $10,000. If the action is undertaken knowingly or recklessly, the preparer may be
subject to criminal penalties or fine up to $1,000, or up to a year in jail, or both, together with the cost of prosecution as
provided for by the Internal Revenue Code Sections 6713 and 7216.
Confidential tax return information includes the following elements: the taxpayer's identity, the nature, source or amount
of income, payments, receipts, deductions, net worth, tax liability, deficiencies, closing agreements, and information
regarding actual or possible investigation of a return.
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
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 disclosure includes providing information to our employees.
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 to comply with federal and state laws regarding retaining tax returns. In order to guard your
nonpublic personal information, we maintain physical, electronic, and procedural safeguards.
We do not share any of your confidential tax return information with any third-party. A third-party is any person or
company other than you, the client. That means we cannot disclose your identity, income, net worth, tax liabilities, or
other protected information to the Internal Revenue Service, state tax authorities, unmarried partners, friends, relatives,
real estate agents, mortgage brokers, banks, or any other person or company without your explicit authorization.
How to Authorize Disclosure
You may authorize us to disclose certain tax return information to third parties of your choice. Your permission must be
obtained on IRS Form 8821 Tax Information Authorization.