Our primary goal is to provide you, our clients, with the best accounting, tax and professional consulting services we can. We have always been committed to the protection of our client's privacy. As a CPA Firm and a member of the American Institute of Certified Public Accountants, a Code of Professional Conduct that is more restrictive than the provision of the FTC governs us. Additionally, we are subject to the Internal Revenue Code Section that makes it a misdemeanor to disclose tax return information other than in connection with the preparation of the return.
We collect nonpublic personal information about you that is provided to us by you or obtained by us with your authorization. We use that information to prepare your income tax returns and may also use it to provide various tax and financial planning services to you at your request.
For current and former clients, we do not disclose any non-public personal information obtained in the course of our CPA 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 certain information to assist us in providing services to you. In all such situations, we stress the confidential nature of information being shared. To the extent permitted by law and any applicable state Code of Professional Conduct, certain nonpublic information about you may be disclosed in the following situations:
Should we receive any request for the disclosure of privileged information from any third party, including a subpoena or IRS summons, we will notify you. In the event you direct us not to make the disclosure, you agree to hold us harmless from any expenses incurred in defending the privilege, including, by way of illustration only, our attorney's fees, court costs, outside advisor's costs, or penalties or fines imposed as a result of your asserting the privilege or your direction to us to assert the privilege.
We retain records relating to the CPA 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 non-public personal information, we maintain physical, electronic, and procedural safeguards that comply with the professional standards of the CPA industry.
To protect our client’s privacy we provide secure online client access through the Client Center on our homepage, wherein we provide you with secure, private access to your tax returns and other confidential documents as well as a secure method to upload private information to us. We urge all of our clients to take advantage of this convenient and simple way to communicate privately with us rather than by way of email since information contained in the text of an email or in attachments may not be secure against interception across the Internet. In connection with our work, we may communicate with you or others via email transmission. When providing documents containing private information at your request, they will be password protected. Nevertheless, we cannot guarantee or warrant that emails from us will be properly delivered and read only by the addressee.
Following President Donald J. Trump’s emergency declaration pursuant to the Stafford Act, the U.S. Treasury Department and Internal Revenue Service (IRS) yesterday issued guidance allowing all individual and other non-corporate tax filers to defer up to $1 million of federal income tax (including self-employment tax) payments due on April 15, 2020, until July 15, 2020, without penalties or interest. The guidance also allows corporate taxpayers a similar deferment of up to $10 million of federal income tax payments that would be due on April 15, 2020, until July 15, 2020, without penalties or interest.
We at SBC-CPA would like to take this time to address our concerns and preventative measures associated with the novel Coronavirus 19 (COVID 19). Foremost, our thoughts and prayers are with those around the world who have been affected by this virus.
If April 15 always seems to sneak up on you, get out in front of this year’s tax deadline and file early. Here are a few top reasons why you should…