Effective Date: January 1, 2025
L&Y Business and Tax Advisors (“we,” “us,” or “our”) is committed to safeguarding your privacy.
This Privacy Policy outlines how we collect, use, disclose, and protect your personal information when you engage with our accounting, tax,
and advisory services or interact with our website and communications, including SMS.
1. Information We Collect
We may collect and store the following types of personal information:
- Identifying Information: Name, address, phone number, email address, date of birth, Social Security Number, Employer Identification Number (EIN).
- Business Information: Corporate records, partnership documents, ownership details, contracts, and other business-sensitive material.
- Website Data: IP address, browser type, device information, and pages visited.
- Communication Preferences: Email, phone, and SMS interaction history, if you’ve opted into those channels.
2. SMS Messaging
- By opting into SMS from a web form or other medium, you are agreeing to receive SMS messages from L&Y Business and Tax Advisors.
- This includes SMS messages for conversations (external), and conversations (between employees). Message frequency varies.
- Message and data rates may apply. See our privacy policy. Message HELP for help. Reply STOP to any message to opt out.
3. How We Use Your Information
We use your information to:
- Provide tax, accounting, payroll, and business advisory services
- Communicate with you about your services, appointments, and updates
- Process transactions and maintain proper records
- Respond to legal obligations and regulatory inquiries
- Protect against fraud and unauthorized access
- Improve service delivery and support
4. Information Sharing and Disclosure
We do not sell your personal information. We may share information only as necessary in the following situations:
- With your consent or at your direction
- With trusted service providers (e.g., tax software platforms, IT support) who are contractually bound to maintain confidentiality
- In response to a subpoena, court order, or legal process
- To comply with regulatory or audit requirements (e.g., IRS, Texas Comptroller)
- To protect our rights, users, or property, including to prevent fraud
5. Data Security
- We implement industry-standard safeguards to protect your personal information,
- including encrypted storage, secure networks, password protections, and restricted access policies.
6. Your Rights and Choices
You may request to:
- Access the personal information we maintain about you
- Correct or update inaccurate or outdated information
- Opt out of certain communications, including SMS
- Request deletion of your information, where legally permissible
- To opt out of non-essential communications, including marketing emails or SMS messages: you may reply “STOP” to any text message or contact us directly via email or phone. We will honor your request promptly, in accordance with applicable laws.
- To make any request related to your data or communication preferences, please contact us using the information at the end of this policy.
7. Data Retention
- We retain personal and financial records only as long as necessary to fulfill the purposes outlined in this policy and comply with legal requirements.
- Typically, tax-related records are kept for at least seven (7) years.
8. Texas Privacy Rights
As a business operating in Texas, we comply with applicable state privacy laws and regulations, including:
- Texas Identity Theft Enforcement and Protection Act (TITEPA): We implement reasonable procedures to protect sensitive personal information from unlawful use or disclosure.
- Texas Business and Commerce Code, Section 521: We safeguard data containing personal identifiers and will notify you in the event of a breach as required by law.
- You may request to review and correct certain personal data that we collect, particularly if you are a client residing in Texas.
9. Children’s Privacy
- Our services are not intended for children under the age of 18. We do not knowingly collect or retain personal data from children.
10. Changes to This Policy
- We may update this Privacy Policy periodically. Changes will be posted on our website and will include the updated effective date.
11. Contact Us
For questions about this Privacy Policy, to exercise your rights, or to manage communication preferences, please contact us
L&Y Business and Tax Advisors
25910 Oak Ridge Drive Spring, Texas 77380
Phone: 281-288-0909
Email: info@lytadvisors.com
Website: www.lytaxadvisors.com