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The Financial Modernization Act of 1999, also known as the "Gramm-Leach-Bliley Act" or GLB Act, includes provisions to protect consumers’ personal financial information held by financial institutions. There are three principal parts to the privacy requirements: the Financial Privacy Rule, Safeguards Rule and pretexting provisions.
The GLB Act gives authority to eight federal agencies and the states to administer and enforce the Financial Privacy Rule and the Safeguards Rule. These two regulations apply to "financial institutions," which include not only banks, securities firms, and insurance companies, but also companies providing many other types of financial products and services to consumers. Among these services are lending, brokering or servicing any type of consumer loan, transferring or safeguarding money, preparing individual tax returns, providing financial advice or credit counseling, providing residential real estate settlement services, collecting consumer debts and an array of other activities. Such non-traditional "financial institutions" are regulated by the FTC.
The Financial Privacy Rule governs the collection and disclosure of customers' personal financial information by financial institutions. It also applies to companies, whether or not they are financial institutions, who receive such information. For a summary overview of the Financial Privacy Rule.
The Safeguards Rule requires all financial institutions to design, implement and maintain safeguards to protect customer information. The Safeguards Rule applies not only to financial institutions that collect information from their own customers, but also to financial institutions "such as credit reporting agencies" that receive customer information from other financial institutions.
Tax Net Inc., Privacy Notice
Tax Net Inc., a Colorado Corporation, operating under the trade names of CPA Moms and Tax Moms. Tax Net Inc., collects nonpublic personal information about you, and your family, if applicable, in order to properly prepare and complete your requested tax returns and to use your tax return as collateral for a loan, if applicable.
Tax Net Inc., collect Information from your loan applications, W2’s, tax preparation worksheets and other documents, such as interview information forms and client organizers whether submitted by you or completed on your behalf for the used in the preparation of your tax return and other tax related products.
Tax Net Inc., will receive information from a consumer-reporting agency in accordance with loan tax related products requested by you. Tax Net Inc., will receive Information about your tax history with us and/or other tax preparation firms offering similar services.
Tax Net Inc., will not disclose any of your nonpublic personal information to anyone, except as permitted by law or authorized by you.
Tax Net Inc. restricts access to your public and nonpublic personal information, including your account information, to those employees or loan related products of banks who need to know that information to provide products and/or services requested by you.
Tax Net Inc., maintains physical, electronic, and procedural safeguards that comply with the federal standards to guard your nonpublic personal information. If you decide to close your account(s) or become an inactive customer, Tax Net Inc., will adhere to the privacy policies and practices as noted above.
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What is a CPA Mom?
CPA Moms is trade name given to Accounting and Tax Professionals who chose to work in an “relaxed” environment. Some work from home, other work from personal offices. Not all are moms, there are some dads. Each CPA Mom is independent and licensed by their state CPA agency.
Being in a relaxed environment has many advantages. Lower overhead, faster response time, more availability etc. To be a member of CPA Moms, the CPA must ALWAYS be in good standing with their state licensing CPA agency, experienced, and must demonstrate a high level of ethics, professionalism and proficiency.
Tax Net Inc, the parent company of the CPA Moms, has developed marketing and on line systems to help qualified CPA’s work from their relaxed environment and offer better service at a lower price to the consumer. Since the CPA Moms do taxes and accounting of all complexities, there is always a CPA Mom available for every level of work.
For reliability and dependability of CPA Moms organization click on the Better Business Bureau icon below.

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