PRIVACY DISCLOSURES: MAKE THEM COUNT.

July 1 is the deadline for CPAs who provide tax preparation or financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against services to comply with the privacy disclosures mandated by the federal Gramm-Leach-Bliley Act The Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, Pub. L. No. 106-102, 113 Stat. 1338 (November 12, 1999), is an Act of the United States Congress which repealed the Glass-Steagall Act, opening up competition .

As you've probably noticed, many banks already have started to comply with the new privacy disclosure laws. Some of their notices, tucked in with another regular mailing, are easily overlooked. Don't make your notice "junk junk

Classic Chinese sailing vessel of ancient unknown origin, still in wide use. High-sterned, with a projecting bow, the junk carries up to five masts on which are set square sails consisting of panels of linen or matting flattened by bamboo strips. ." Turn your compliance into a marketing opportunity for your firm that allows you to interact with your clients in a positive way.

The article, "Ready to Disclose How You Protect Your Clients' Privacy?" in the March/April 2000 California CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , not only offers information on how to comply with the new requirements, but also features a sample letter that you can use as a guide for meaningful compliance. You can access the article and sample letter online at http://www.calcpa.org/californiacpa/articls.

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Publication:	California CPA
Article Type:	Brief Article
Geographic Code:	1USA
Date:	May 1, 2001
Words:	146
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Topics:	Accounting firms Laws, regulations and rules Accounting services Laws, regulations and rules Privacy, Right of Laws, regulations and rules Right of privacy Laws, regulations and rules

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