Privacy Policy

Last Updated: March 10, 2026

1. Our Commitment to Your Privacy

Teravis Advisory, LLC is committed to maintaining the confidentiality and security of your personal and financial information. As tax professionals, we are subject to strict federal laws, including Internal Revenue Code (IRC) Section 7216 and the Gramm-Leach-Bliley Act (GLBA), which govern the use and disclosure of your data. We are also subject to any other applicable data privacy laws, nationally and internationally.

2. Information We Collect

We collect "Nonpublic Personal Information" (NPI) to provide tax preparation and advisory services. This includes:

  • Tax Return Information: Social Security numbers, income, deductions, and tax history.

  • Financial Data: Bank account numbers, investment statements, and asset details.

  • Contact Information: Name, address, email, and phone number.

  • Website Data: IP addresses and usage data collected automatically through our website.

3. How We Use Your Information

We use your information strictly for the following purposes:

  • Preparing and filing your federal and state tax returns.

  • Providing tax planning and financial advisory services you have requested.

  • Complying with legal and regulatory requirements.

4. Disclosure of Information

Selling personal information to third parties is strictly prohibited. Under IRC Section 7216, tax return information cannot be disclosed to any third party without express written consent, except where required by law, such as in response to a court order or official IRS summons.

  • Authorized Disclosures: Information may be shared with third parties only when a client provides specific written authorization to do so, such as for mortgage applications or legal proceedings.

  • Service Providers: Secure third-party vendors, such as tax software providers, may be used to assist in providing services. These vendors are contractually obligated to maintain rigorous data safeguards and confidentiality.

5. Data Security (GLBA Safeguards Rule)

In compliance with the FTC Safeguards Rule, a Written Information Security Plan (WISP) is maintained to protect client data. Security measures include:

  • Encryption: Data is encrypted both during transmission and while at rest.

  • Multi-Factor Authentication (MFA): MFA is required for all personnel accessing systems that contain client information.

  • Access Controls: Access to sensitive data is restricted to employees who require it to perform their professional duties.

  • Physical Security: Physical records are stored in secured, locked facilities.

6. Client Rights and Choices

  • Access & Correction: Clients have the right to request a review of their personal information or request corrections to any inaccuracies.

  • Deletion: Clients have the right to request their personal information is deleted, subject to legal requirements.

  • Consent Withdrawal: Clients may withdraw previously granted consent for the disclosure of tax information at any time.

7. Contact Information

For inquiries regarding this privacy policy or data practices, please contact our Privacy Team at privacy@teravisadvisory.com.