All personal financial service providers, including Certified Public Accountants (CPAs), are required by federal law to disclose their privacy policies to all clients in a written notice. CPAs have always been and continue to be bound by professional standards of confidentiality that are even more stringent than those required by this new law.

In the course of providing our clients with income tax, estate tax, gift tax, and other financial advice and services Fred J. Toroni and Company, receives significant financial information concerning those individuals. All information is held in strict confidence within the firm. We do not disclose any information about current or former clients except as may be authorized by the client or former client or as required by law. Permitted disclosures include third parties who assist in providing services to you, such as CPA's , accountants, and other independent contractors such as the vendor providing us with our tax compliance software.

In order to assist clients with their professional needs and, in some cases, to comply with professional guidelines, we retain records relating to the personal services we provide. We maintain rigorous safeguards to protect the confidentiality of this nonpublic, personal information.