Privacy Policy

Effective Date:  11/1/2024

LaBounty Concepts, LLC is committed to protecting your privacy and maintaining the confidentiality of your personal and financial information. This Privacy Policy outlines how we collect, use, disclose, and safeguard your information in compliance with applicable laws and professional standards.


1. Information We Collect

We may collect the following types of personal and financial information from you to provide accounting, tax, and advisory services:

  • Personal identification information (e.g., name, address, phone number, email).
  • Social Security Number or Taxpayer Identification Number.
  • Financial information (e.g., bank account details, tax returns, investment data).
  • Business information (e.g., business financials, payroll records).
  • Documents required for tax preparation or financial reporting.

2. How We Use Your Information

We use your information only for the purposes for which it was collected, including but not limited to:

  • Preparing and filing tax returns.
  • Providing accounting, bookkeeping, and advisory services.
  • Communicating with you regarding services or regulatory updates.
  • Ensuring compliance with legal and regulatory requirements.

3. Information Sharing and Disclosure

We do not sell or rent your personal information to third parties. However, we may share your information in the following circumstances:

  • With your consent: To coordinate with your legal, financial, or other professional advisors.
  • With service providers: For administrative purposes, such as IT support, data hosting, or document preparation, bound by confidentiality agreements.
  • For legal reasons: When required by law, regulation, or legal process, such as responding to a subpoena or government inquiry.
  • For compliance: With applicable professional standards, including peer review processes.

4. Data Security

We implement robust security measures to protect your information from unauthorized access, loss, misuse, or alteration. These measures include:

  • Encryption of sensitive data during transmission.
  • Secure physical and electronic storage of records.
  • Access controls limiting information to authorized personnel only.

Despite these safeguards, no method of transmission or storage is completely secure, and we cannot guarantee absolute security.


5. Retention of Information

We retain your information only for as long as necessary to fulfill the purposes for which it was collected or as required by applicable laws and professional standards. Once the retention period expires, we securely dispose of or anonymize your information.


6. Your Rights

You have the following rights regarding your information:

  • Access: Request a copy of the personal data we hold about you.
  • Correction: Update or correct inaccuracies in your information.
  • Deletion: Request deletion of your information, subject to legal or professional obligations.

To exercise these rights, please contact us using the information below.


7. Changes to This Privacy Policy

We reserve the right to update or modify this Privacy Policy at any time. Any changes will be effective upon posting the revised policy on our website or notifying you directly. Please review this policy periodically to remain informed.


8. Contact Information

If you have questions or concerns about this Privacy Policy or how we handle your information, please contact us at:

Thank you for trusting LaBounty Concepts, LLC with your personal and financial information. Your privacy is of utmost importance to us.

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