LEVEL UP YOUR BOOKKEEPING

Worry-free, full-cycle accounting services for you and your small business

  • Expert assistance powered by a licensed CPA and Intuit Advanced ProAdvisor, contracted to support you, at a fraction of the cost of a dedicated staff or salaried bookkeeper

  • Time and cost savings from external accounting will save you countless hours and thousands in wages and compliance costs

  • Structured and organized books and filings will keep your business compliant and ready for tax time with maintained financials and proper support

  • Detailed reporting with dependable financials and cash flow analysis will help you plan ahead and identify pain points or growth opportunities

  • Friendly and personable service that is responsive, dependable, and easy to schedule

EXPERT ASSISTANCE

There are many required government and tax filings and obligations required for business owners. Navigating the complex regulatory requirements with a licensed professional can help ensure business continuity, and save you from costly penalties and fees in the future. CPAs are required to undergo rigorous credential requirements, including 150 hours of education and required accounting & business courses, passage of all four uniform sections of the CPA exam, 1,500 hours of supervised accounting experience by a CPA, and 120 hours of continuing education each renewal cycle.Studies1 show small and medium sized businesses who use accounting services can see significant positive impacts in:

  • Revenue, cost management, and profit margin

  • Regulatory compliance and savings from eliminated penalties for non-compliance

  • Business planning, strategy, and financial literacy

  • Stress reduction

  • Time savings on finance management: an average time savings of up to 468 hours per year

Complete accounting and support services

QuickBooks Online transition services

Book clean-ups & retroactive support

Full-cycle accounting, bookkeeping & reporting

Bookkeeper training & assistance

Tax services

Solutions for small businesses

Clean-up, catch-up, and transition

Request quote (flat fee)

We can help get your books caught up and transitioned to a well designed and organized accounting platform, even if you are years behind in your bookkeeping. We will correct and update your records, and you'll receive helpful historical insights with clean data. Quote will be tailored to the size of the clean-up project.

  • Comprehensive account clean-up or catch-up

  • Historical transaction review and corrections

  • QuickBooks Online setup & migration

  • Customized chart of accounts

  • Detailed financial reports

  • Post-project summary

Monthly accounting services

$499-$1499/mo*

Our accounting services help solopreneurs and small businesses maintain essential aspects of their business like accurate books and recordkeeping, business performance tracking, tax filings, and managing cash flow. *Range is an estimate for typical client fees, dependent on client size and scope.

  • Transaction recording and review in QuickBooks Online

  • Tracking of outstanding receivables and payables, including vendor payments, aging reporting and analysis

  • Paperless billpay

  • Monthly account reconciliation

  • Essential financial reports (Profit & Loss, Balance Sheet, Cash Flows)

  • Research of proper accounting treatment for asset, liability, revenue, expense, or equity transactions

  • Budgeting, including detailed and recurring budget-to-actual analysis

  • Quarterly estimated tax payment support

  • 1099 reporting and vendor management

  • Payroll support

  • Monthly, quarterly, and annual business filings

  • Tracking and recurring report delivery for complex modules including inventory, project costs, class tracking, etc.

  • No need to change your existing tax preparer if you don't want to: we can coordinate to handle accounting support requests or implement tax strategies during the year, so you are covered from start to finish

  • Personalized support and trustworthy results from a licensed CPA

Solutions for external bookkeepers

Support session (half hour - bookkeepers)

$149/session

  • Book session for 1:1 support with a CPA

  • Detailed intake form to maximize efficiency of session

  • Post-session recap with topics covered during the call

Multi-session booking (half hour - bookkeepers)

$149 $129/session

  • Discounted when booking 2+ sessions at once

  • Helpful for large issues, we will pick up right where we left off in the prior session

  • Recurring sessions available

  • Flexible scheduling

Tax solutions

Individual and business tax preparation or support (Form 1040 and Schedule C)

  • Individual & family returns (Form 1040): comprehensive filing for all individuals and families

  • Investment & passive income: stock portfolios, crypto assets, and rental property income (Schedule E)

  • Itemized deductions: reviewing your tax situation for maximum possible tax savings and itemized deductions on Schedule A (e.g. medical expenses, state and local taxes, charitable contributions, mortgage interest)

  • Solopreneur & small business returns (Schedule C): tax filing for sole proprietors and single-member LLCs

  • Tax-ready bookkeeping integration: when we prepare your bookkeeping, the book to tax workflow is seamless and ensures every business deduction is tracked and reported

  • Year-round planning: estimated tax payment (1040-ES) calculations to prevent underpayment penalties and managing other business filing obligations during the year

Get your time back

Studies show working with an accountant can provide a small business an average time savings of up to 468 hours per year1.Managing your finances is one of the most rewarding ways to find balance in your life, especially as a business owner or entrepreneur. Time is the most valuable resource we all have. Taking one of the most stressful and complex areas of your business off your plate will save you countless hours that you can reinvest into yourself and your business.

Introduction

My name is Tony and I am a licensed CPA. I built my practice because I wanted to create a resource I would want to work with if I was a client. Accountants don't always have a reputation for being the most pleasant or customer friendly; there is a lack of emphasis for soft skills in the field, and it impacts client service. I strive to make our services as seamless, supportive, friendly, and responsive as possible. You will immediately notice the difference!  ☻I have several years of career experience in corporate and public accounting and client facing roles. I have completed tax returns for individuals, performed financial statement and benefit plan audits for small to medium sized businesses, and prepared transaction accounting and analysis for publicly traded corporations. I specialize in financial accounting and reporting.We provide enterprise-grade, full-cycle accounting solutions for “the lil guy”, the small business owners and solopreneurs who need help getting their records back on track. We look forward to connecting with you and working together to support your goals.

"Tony turned out to be one of my very best hiring decisions. Not only was he exceptionally bright, but he also had a heart of gold that our entire team gravitated to... I saw him think through processes and problems with surprising clarity. I valued not only his insight, but his quick mastery of complex skills."
- Mindy W., Director of Foundation & Advancement Engagement

Get in touch

Have questions about full-cycle accounting services and how QuickBooks Online can benefit your small business, or another inquiry? Fill out the contact form and you will receive a response within 1-2 business days.

If you would like to book a consultation without having to submit an email request, you can do so through the online scheduling tool.

Connect to services

I am a small business owner.

I would like to learn more about full-cycle accounting services for my business.

I am a bookkeeper supporting clients.

I need assistance from a CPA for a complex accounting issue or other support request.

I need tax assistance.

I need a CPA to prepare or assist with my tax return.

Need assistance with your taxes?

We provide tax services for individuals, families, and small businesses.Below you can view more information about our individual and business return services, learn more about our professional accuracy guarantee, and take next steps to connect with us for tax services.

PROFESSIONAL ACCURACY GUARANTEE

We take pride in the precision of our work and have a multi-point review to prevent errors. In the rare event of an IRS or state penalty, due to a clerical/preparation error on our part while we prepare your state or federal tax return, we will:

  • Reimburse you for the penalty amount

  • Amend your return at no additional filing cost

  • Offer professional representation to resolve the notice with the IRS or state taxation authority as needed

Expert service for individuals

We have a comprehensive intake form to capture your various tax events that took place during the year.

✧    Easy to get started

Our easy digital intake form only takes about 15 minutes to complete.

✍︎    Clear guidance

You'll receive plain English guidance and assistance with complex tax topics.

⎘     Accessible support

If you need additional support, you can reach out to us for responsive assistance.

⎆    Tax planning

For our tax return clients, you will receive a comprehensive breakdown of the biggest drivers of your refund or tax liability, and helpful advice for next year.

Personalized assistance

Tax support consultations

$149/session

  • Book session for 1:1 support with a CPA

  • Detailed intake form to maximize efficiency of session

  • Post-session recap with topics covered during the call

  • Helpful if you have a specific tax issue and need one-time assistance

  • If you book us for tax return preparation, you will receive a credit towards your filing fee

Personal tax return preparation

Starting at $249/return

  • Comprehensive intake form

  • Secure drop-and-go filing through our encrypted client portal

  • Filing status and dependent review

  • Maximize deductions: we will review if itemized deductions would benefit you over the standard deduction (Schedule A), including mortgage interest, charitable gifts, and the newly expanded SALT (state and local taxes) thresholds

  • Review of eligibility for tax credits: including family tax credits, higher-education credits, clean energy credits, etc.

  • 1099 & freelance workers: preparation for freelancers or gig workers (ride-share, delivery, etc.), including review of self-employment taxes and ensuring you claim every allowable deduction to offset your tax liability for the year. We also help you navigate complicated tax scenarios and forms like the 1099-K and 1099-NEC to understand how these impact your return and additional schedules or reconciliation that may be needed

  • Complex tax topics: we help you accurately report capital gains from stocks and crypto (including the new Form 1099-DA), dividend income, and rental property (Schedule E) activity

  • Recent law updates: specific review for the new tax-free overtime and tip deductions, car loan interest, enhanced senior deduction, etc.

  • Adjustments & life events: proper reporting for student loan interest, HSA contributions, retirement plan and social security distributions

  • Professional accuracy guarantee

Business tax services

✧    Tailored to you

You can get your accounting, bookkeeping, and tax return done all in one place, so you are covered from start to finish.

⎆    Tax return overview

For our clients who use us for their year-end tax return filing, you will receive a comprehensive breakdown of the biggest drivers of your refund or tax liability and helpful advice for next year.

⎘     Year-round compliance

The annual tax return is not the only tax or government-related obligation for small businesses. Additional required filings during the year can be difficult to manage on your own and very time consuming. For our accounting clients, we can take care of regular compliance and tax filings during the year. This includes sales tax filings, maintaining W9 requests during the year, 1099 filing at year-end, payroll tax filings, quarterly estimated tax payments, local business filings and state reporting obligations.

✍︎    Easy workflows

You'll receive plain English guidance and assistance with complex tax topics. For our accounting clients, the tax return process is seamless, since we already have your bookkeeping data to carry over for filing. Additional tax-specific requests are managed through the same portal and workflows as our year-round accounting services. We try to make the process as simple and efficient as possible.

Business returns

Sole proprietors and single-member LLCs/disregarded entities

  • Comprehensive individual & business reporting

  • Integrated filing of your Form 1040 and Schedule C

  • Includes business deduction analysis, self-employment tax calculations, and more

Partnerships and multi-member LLCs, S-Corps, and C-Corps

  • We prepare the bookkeeping during the year

  • Year-round tax compliance, including estimated quarterly payments and required filings

  • Referrals to specialized tax CPA's to complete your annual entity income tax return

Note to business owners: to ensure the highest level of accuracy and service, we currently offer business tax preparation to our monthly accounting and bookkeeping clients, and select referrals from peer bookkeeping firms. This approach allows us to provide you with an accurate estimate for your return. It also ensures clean and accurate tax records and proactive compliance year-round for your business, including sales tax filings, payroll tax filings, W9 maintenance and 1099 filings, and quarterly estimated tax payments.

We are currently welcoming new accounting & bookkeeping clients.

Bookkeeper in need of assistance?

We offer personalized support so you can feel confident in your recordkeeping.To book a session:

  1. Complete the support session request form

  2. Once you receive a confirmation to schedule, you will receive a link to our online scheduling tool to book an appointment

Explore how we can work together

During the session, we will address the issues you submit on your intake form.

✧    Support that fits your needs

Even if your client uses different systems for accounting, payroll, etc., you can get assistance. As we work together, we may even identify additional advisory or client service opportunities for you to explore with your clients.

✍︎    Clear communication

You'll receive plain English guidance and support as we analyze your support request together, so you feel confident in how we approach any issues and identify resolutions.

⎘     Post-session recap

You will receive a detailed document with any topics covered during the session, steps performed, and results or next steps.

❖     Multi-session bookings

Discounted sessions are available if you book multiple sessions at a time. For large issues, this can be a helpful way to break up the issue resolution into pieces and pick up where we left off.

var d=document,w="https://tally.so/widgets/embed.js",v=function(){"undefined"!=typeof Tally?Tally.loadEmbeds():d.querySelectorAll("iframe[data-tally-src]:not([src])").forEach((function(e){e.src=e.dataset.tallySrc}))};if("undefined"!=typeof Tally)v();else if(d.querySelector('script[src="'+w+'"]')==null){var s=d.createElement("script");s.src=w,s.onload=v,s.onerror=v,d.body.appendChild(s);}
var d=document,w="https://tally.so/widgets/embed.js",v=function(){"undefined"!=typeof Tally?Tally.loadEmbeds():d.querySelectorAll("iframe[data-tally-src]:not([src])").forEach((function(e){e.src=e.dataset.tallySrc}))};if("undefined"!=typeof Tally)v();else if(d.querySelector('script[src="'+w+'"]')==null){var s=d.createElement("script");s.src=w,s.onload=v,s.onerror=v,d.body.appendChild(s);}
var d=document,w="https://tally.so/widgets/embed.js",v=function(){"undefined"!=typeof Tally?Tally.loadEmbeds():d.querySelectorAll("iframe[data-tally-src]:not([src])").forEach((function(e){e.src=e.dataset.tallySrc}))};if("undefined"!=typeof Tally)v();else if(d.querySelector('script[src="'+w+'"]')==null){var s=d.createElement("script");s.src=w,s.onload=v,s.onerror=v,d.body.appendChild(s);}
var d=document,w="https://tally.so/widgets/embed.js",v=function(){"undefined"!=typeof Tally?Tally.loadEmbeds():d.querySelectorAll("iframe[data-tally-src]:not([src])").forEach((function(e){e.src=e.dataset.tallySrc}))};if("undefined"!=typeof Tally)v();else if(d.querySelector('script[src="'+w+'"]')==null){var s=d.createElement("script");s.src=w,s.onload=v,s.onerror=v,d.body.appendChild(s);}

Full-cycle accounting services for small business owners

Schedule a free consultation.

We offer free 30 minute consults for new clients to discuss the services we offer and to get to know your business. When scheduling, you can write down any questions you would like covered during our conversation.

Explore how we can work together

During the consultation, we can discuss how our full-cycle accounting services can work for your small business and support your growth.

✧    Clean data

We can catch up your books even if you are months or years behind.

⎘     Analytics and reporting

You will receive reporting and performance insights at a frequency you choose.

⚙︎     Integrations

You don't need to uproot your business bookkeeping and systems. We will review and integrate your software solutions wherever possible.

⌽    Digital first

Working with an organized, digital first accountant will level up your bookkeeping. Your business back-office will be tidy and streamlined.

✍︎    Clear communication

You'll receive plain English guidance and support as we analyze your results together, so you feel confident in understanding your business's financial picture.

☕︎     Easy scheduling

If you have any questions or need general guidance and support, you can easily book meetings directly at your convenience. You can add other business partners to our meetings or communications.

Get started

The calendar tool is available below for you to directly book an appointment. If the tool does not load for you on this page, you can also access it by clicking here.

Contact request

The information you provide will be used to contact you about requested content, products, or services.

Acceptable Use Policy

Last updated June 23, 2026

Welcome to Lilac Financial PLLC, an Illinois professional limited liability company ("Company", "we", "our", "ours", "us"). We operate the website lilacfinancial.org (the "Site"), as well as any subdomains, blogs, related marketing tools or informational products (collectively, the “Site Content”).This Acceptable Use Policy applies to you, whether personally or on behalf of an entity ("User", "you", "your", "yours"), concerning any and all access to and use of the Site and Site Content.By accessing the Site, you agree that you have read, understood, and agreed to be bound by all of these terms. If you do not agree with all of these terms, you are expressly prohibited from using the Site and must discontinue use immediately.

Professional services disclaimer

The information provided on this Site and within the Site Content is for general informational and marketing purposes only and does not constitute professional accounting, tax, or legal advice. Your use of the Site or Site Content, or any communication with us via the Site or Site Content, does not create an accountant-client relationship. You should not act or rely upon any information on the Site or Site Content without seeking the advice of a competent professional.

Intellectual property ownership

Unless otherwise indicated, the Site and all Site Content—including source code, databases, functionality, software, website designs, audio, video, text, photographs, and graphics—and the trademarks, service marks, and logos contained therein are owned or controlled by us or licensed to us. These are protected by copyright and trademark laws and various other intellectual property rights. No part of the Site or Site Content may be copied, reproduced, aggregated, republished, or otherwise exploited for any commercial purpose whatsoever without our express prior written permission.

Third-party links and tools

The Site contains links to third-party websites and integrated tools (such as scheduling software and client portals). We do not operate these tools, and we are not responsible for their availability, accuracy, or security. Your use of such tools is at your own risk and is subject to the terms and conditions of those third parties.

Use of the Site

When you use the Site and Site Content, you warrant that you will comply with this Policy and with all applicable laws. You acknowledge that you may not:

  • Systematically retrieve data or content from the Site to create a collection, compilation, database, or directory. You may not use, reproduce, or leverage any Site Content to train any artificial intelligence (AI) or large language models (LLM) without our express prior written consent.

  • Circumvent, disable, or otherwise interfere with security-related features of the Site, including features that prevent or restrict the use or copying of any Content.

  • Trick, defraud, or mislead us and other users, especially in any attempt to learn sensitive information.

  • Make improper use of our Site, including our support services or submit false reports of abuse or misconduct.

  • Engage in any automated use of the Site, such as using scripts to send comments or messages, or using any data mining, robots, or similar data gathering and extraction tools.

  • Interfere with, disrupt, or create an undue burden on the Site.

  • Attempt to impersonate another user or person.

  • Delete the copyright or other proprietary rights notice from any Site Content.

  • Use the Site or Site Content for any revenue-generating endeavor or commercial enterprise (such as competing with us) without our written consent.

  • Upload or transmit viruses, Trojan horses, or other material that interferes with any party’s uninterrupted use of the Site.

  • Use the Site or any information obtained from the Site to harass, abuse, or harm another person.

  • Copy or adapt the Site’s software, including but not limited to Flash, PHP, HTML, JavaScript, or other code.

  • Upload or transmit (or attempt to upload or to transmit) any material that acts as a passive or active information collection or transmission mechanism, including without limitation, clear graphics interchange formats ("gifs"), 1×1 pixels, web bugs, cookies, or other similar devices (sometimes referred to as "spyware" or "passive collection mechanisms" or “pcms").

  • Except as may be the result of standard search engine or Internet browser usage, use, launch, develop, or distribute any automated system, including without limitation, any spider, robot, cheat utility, scraper, or offline reader that accesses the Site, using or launching any unauthorized script or other software, or using any data mining, robots, or similar data gathering and extraction tools.

  • Knowingly providing false or defamatory information regarding us and/or the Site.

  • Use the Site in a manner inconsistent with any applicable laws or regulations, or in a manner that would cause us to violate our ethical obligations under state and federal laws.

Modifications

We may update this Policy from time to time. The updated version will be indicated by an updated "Last updated" date at the top of the document. We encourage you to review this Policy frequently.

Consequences of breaching this policy

We reserve the right to suspend or terminate your access to the Site for any violation of this Policy. We may also notify law enforcement or issue legal proceedings when we believe there is a genuine risk to an individual, a threat to public safety, or theft/infringement of our intellectual property.

Contact us

For legal notices and formal communication, you can contact us via email at legal @ lilacfinancial.org. For general inquiries, you can contact us by using the contact form on our website lilacfinancial.org.

Privacy Policy

Last updated May 22, 2026

Welcome to Lilac Financial PLLC, an Illinois professional limited liability company ("Company", "we", "our", "ours", "us").This Privacy Policy applies to you, whether personally or on behalf of an entity ("you", "your", "yours"), and describes how and why we might access, collect, store, use, and/or share ("process") your personal information when you use our Services. For the purposes of this policy, “Services” includes your use of our website and materials (“Site”), the booking and conduct of professional consultations, and the delivery of professional accounting and tax services.Reading this Privacy Policy will help you understand your privacy rights and choices. We are responsible for making decisions about how your personal information is processed.Information collected by us during the application for or rendering of our Services are also governed by our Privacy and Opt-Out Notice. Please reference this document for additional details on our privacy practices.If you have questions or comments about this Privacy Policy, wish to exercise your data privacy rights, or need to send us formal communication, you can contact us via email at legal @ lilacfinancial.org. For general inquiries, you can contact us by using the contact form on our website lilacfinancial.org.If you do not agree with our policies and practices, please do not use our Services.

Summary of key points

This summary provides key points from our Privacy Policy, but you can find out more details about any of these topics by using our table of contents below to find the section you are looking for.

  • What personal information do we process? When you visit, use, or navigate our Services, we may process personal information depending on how you interact with us and the Services, the choices you make, and the products and features you use. For example, we process information you provide, such as identifiers (name, email), demographic data (date of birth, gender), and detailed financial records (tax returns, bank statements) specifically to ensure proper accounting treatment for your records. For Services provided to minors, we process personal information only with the verifiable consent of a parent or legal guardian.

  • Do we process any sensitive personal information? Some of the information may be considered "special" or "sensitive" in certain jurisdictions. We may process "sensitive" financial data when strictly necessary for our accounting services. We only do so with your affirmative consent or as otherwise permitted by applicable law, and do not use it for profiling or secondary purposes.

  • Do we collect any information from third parties? We may collect information from public databases, the IRS, third party tools/platforms, banks and financial institutions, and other outside sources to verify and update your records.

  • How do we process your information? We process your information to administer our Services, ensure accounting accuracy, personalize our communications with you, comply with legal obligations, and for security and fraud prevention. We may also process your information for other purposes with your affirmative consent. We process your information only when we have a valid legal reason to do so.

  • In what situations and with which types of parties do we share personal information? We may share information in specific situations and with specific categories of third parties. For example, we share data with trusted service providers to process payments and manage your account. We do not sell your personal information, nor do we share it for cross-context behavioral advertising.

  • How do we keep your information safe? We have adequate organizational and technical processes and procedures in place to protect your personal information. However, no electronic transmission over the internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information. We encourage you to use the Services only within a secure environment. To protect your data, we maintain a Written Information Security Plan (WISP) that includes provisions for mandatory multi-factor authentication (MFA), encryption, and access controls.

  • What are your rights? Depending on where you are located geographically, the applicable privacy law may mean you have certain rights regarding your personal information; you may have the right to access, correct, or delete your personal information, request a list of third parties who have received your data, or to limit the use of your sensitive financial data.

  • How do you exercise your rights? The easiest way to exercise your rights is by contacting us via email at legal @ lilacfinancial.org, or using the contact form on our website: lilacfinancial.org. We will consider and act upon any request in accordance with applicable data protection laws.

Notice regarding tax return information

Our handling of "Tax Return Information" (any information furnished for, or in connection with, the preparation of a tax return) is strictly governed by Internal Revenue Code Section 7216 and professional ethics standards.

  • Scope: Unlike other data, we are prohibited by federal law from using or disclosing your Tax Return Information for any purpose other than tax preparation without your specific, informed written consent.

  • Priority of Terms: In the event of any conflict between this general Privacy Policy and the requirements of IRC §7216 or your signed Consent to Use/Disclose forms, the stricter legal requirements of IRC §7216 and your specific consent forms shall control.

Table of contents

1. WHAT INFORMATION DO WE COLLECT?

Personal information you disclose to us

In short: We collect personal information that you provide to us to ensure Service delivery.We collect personal information that you voluntarily provide to us when you express an interest in obtaining information about us or our products and Services, when you participate in activities on the Services, or otherwise when you contact us.Personal information provided by you. The personal information that we collect depends on the context of your interactions with us and the Services, the choices you make, and the products and features you use. The personal information we collect may include the following:

  • Identifiers and professional information: names, phone numbers, email addresses, mailing addresses, job titles, social security numbers, employer identification numbers, taxpayer identification numbers, driver's license or other government-issued ID numbers, and contact preferences. We collect this information for communication, identity verification, and tax preparation.

  • Protected classification characteristics: gender, age, and date of birth. We collect this information to verify your age and identity, as well as to provide personalized communications and greetings.

  • Commercial information and payment data: debit/credit card numbers, bank account information, billing addresses, or other payment instrument number and security code. We may collect this data to process your payment.

  • Financial records: Bank statements, vendor statements, tax returns, and other financial accounting support. We collect this information to ensure proper accounting treatment for your records.

  • Audio, electronic, sensory, or similar information: recorded video or audio from phone calls, video calls, or other telecommunications in which Services are rendered. We may collect this information for quality assurance, training, and to maintain an accurate record of instructions to ensure proper accounting treatment. You will be notified via a visual and/or verbal prompt when recordings take place. By participating in these communications, you provide your affirmative consent to such recordings. Additionally, third-party artificial intelligence (AI) tools may be used for real-time transcription, note-taking, and meeting summarization of video or audio from phone calls, video calls, or other telecommunications in which Services are rendered. Under our account terms with the corresponding AI tools, our meeting data, prompts, and AI-generated notes are kept confidential and are not used to train the AI tool’s public artificial intelligence models. By participating in these calls, you provide your affirmative consent to this processing.

All personal information that you provide to us must be true, complete, and accurate, and you must notify us of any changes to such personal information.Sensitive information. With your affirmative consent or as otherwise permitted by applicable law, we process government Identifiers (including social security numbers, employer identification numbers or tax identification numbers, and driver's license or other government-issued ID numbers for identity verification and tax filing), sensitive financial data (such as tax returns, tax supporting schedules and documents, and accounting records), and protected classification characteristics (such as gender, age, and date of birth). We do not use this sensitive information for profiling or purposes outside of providing accounting Services you have requested. To protect your data, we maintain a Written Information Security Plan (WISP) that includes provisions for mandatory multi-factor authentication (MFA), encryption, and access controls.Payment processors. All payment data is handled by our third-party processors. We do not store your full payment instrument information on our servers. Your use of these payment features is subject to the respective processor’s policies and terms of use. The privacy policies for our primary processors can be found on their respective platforms or websites, and we will provide specific links to any processor upon your written request.

Information collected from other sources

In short: We may collect information from public databases, government agencies, third party tools/platforms, banks and financial institutions, and other outside sources. In order to enhance our ability to provide relevant Services to you, update our records, and ensure accounting accuracy, we may obtain information about you from these other sources. This information includes names, addresses, job titles, email addresses, phone numbers, financial records, and other data provided by a third-party to verify financial records and render Services.

2. HOW DO WE PROCESS YOUR INFORMATION?

In short: We process your information to administer our Services, ensure accounting accuracy, communicate with you, comply with legal obligations, and for security and fraud prevention. We may also process your information for other purposes with your affirmative consent.We process your personal information for a variety of reasons, depending on how you interact with our Services, including:

  • To deliver and facilitate delivery of Services to the user. We may process your information to provide you with the requested service. For example, we process your financial records, such as tax returns and bank statements, specifically to ensure proper accounting treatment.

  • To send administrative information to you. We may process your information to send you details about our products and Services, personalized communications, changes to our terms and policies, account-related alerts, and other similar information.

  • To comply with our legal obligations. We may process your information to comply with our legal obligations, respond to legal requests, and exercise, establish, or defend our legal rights.

  • For security and fraud prevention. We monitor interactions with our Services to detect and prevent unauthorized access or fraudulent financial activity.

3. WHEN AND WITH WHOM DO WE SHARE YOUR PERSONAL INFORMATION?

In short: We may share information in specific situations described in this section and/or with the following categories of trusted third parties to run our business. We do not sell your personal information, nor do we share it for cross-context behavioral advertising.Vendors, consultants, and other third-party service providers. We may share your data with third-party vendors, service providers, contractors, or agents who perform Services for us or on our behalf and require access to such information to do that work.As our business is recently established, we have not disclosed personal information to third parties in the preceding 12 months for a business purpose; additionally, we have not sold or shared personal information for cross-context behavioral advertising in the preceding 12 months. We intend to share information with the following categories of service providers to fulfill our services:

  • Finance & Accounting Tools: we use accounting software to manage and process your financial records.

  • Payment Processors: we use third-party payment processors to securely process your payments.

  • Communication & Collaboration Tools: we use CRM software and electronic mail/portal applications to manage client communications and service requests.

We also may need to share your personal information in the following situations:

  • Business Transfers. We may share or transfer your information in connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business to another company. For tax data to be shared or transferred to a new company, the successor must be a "federally authorized practitioner" and obtain proper consent to use the tax data, in accordance with federal law.

  • Business Partners. We may share your information with our business partners to provide you with specific accounting or financial products you requested. All business partners are required to maintain data security and confidentiality standards at least as stringent as our own.

4. DO WE USE COOKIES AND OTHER TRACKING TECHNOLOGIES?

In short: We do not use non-essential cookies or other tracking technologies to collect and store your information.We do not use non-essential cookies or third-party tracking pixels on our website. We may use 'strictly necessary' local storage to maintain the security and basic functionality of the Services (e.g., keeping you logged in). Because these are essential for the Service you requested, they do not require an opt-out.

5. HOW LONG DO WE KEEP YOUR INFORMATION?

In short: We keep your information for as long as necessary to fulfill the purposes outlined in this Privacy Policy unless otherwise required by law. Specifically, we maintain most financial and accounting records for a minimum of seven (7) years to comply with federal and state tax statutes.We will only keep your personal information for as long as it is necessary for the purposes set out in this Privacy Policy, unless a longer retention period is required or permitted by law (such as tax, accounting, or other legal requirements). No purpose in this notice will require us keeping your personal information for longer than as required by federal, state, and local regulations.When we have no ongoing legitimate business need to process your personal information, we will either delete or anonymize such information, or, if this is not possible (for example, because your personal information has been stored in backup archives), then we will securely store your personal information and isolate it from any further processing until deletion is possible.

6. HOW DO WE KEEP YOUR INFORMATION SAFE?

In short: We aim to protect your personal information through a system of organizational and technical security measures.We have implemented appropriate and reasonable technical and organizational security measures designed to protect the security of any personal information we process. However, despite our safeguards and efforts to secure your information, no electronic transmission over the Internet or information storage technology can be guaranteed to be 100% secure, so we cannot promise or guarantee that hackers, cybercriminals, or other unauthorized third parties will not be able to defeat our security and improperly collect, access, steal, or modify your information. Although we will do our best to protect your personal information, transmission of personal information to and from our Services is at your own risk. You should only access the Services within a secure environment. Detailed protocols regarding our use of multi-factor authentication and encryption are outlined in our Written Information Security Plan (WISP).

7. DO WE COLLECT INFORMATION FROM MINORS?

In short: We do not market to children under 18, and only collect their data through parental or legal guardian engagement.We do not knowingly solicit data from or market to children under 18 years of age, nor do we knowingly sell such personal information. For minors for whom we provide professional tax or accounting Services, all personal information is collected solely from the parent or legal guardian or with their express verifiable consent. If we learn that personal information has been collected from a minor without the involvement or consent of a parent or guardian, we will deactivate the account and promptly delete such data.

8. WHAT ARE YOUR PRIVACY RIGHTS?

In short: You may review, change, or terminate your account at any time, depending on your country, province, or state of residence.Withdrawing your consent: If we are relying on your consent to process your personal information, you have the right to withdraw it at any time. You can withdraw your consent at any time by contacting us by using the contact details provided in the section "HOW CAN YOU CONTACT US ABOUT THIS NOTICE?" below. However, please note:

  • Withdrawal does not affect the lawfulness of processing performed prior to the withdrawal, nor, when applicable law allows, will it affect the processing of your personal information conducted in reliance on lawful processing grounds other than consent.

  • Because we process data to ensure proper accounting treatment, withdrawing consent for certain data may prevent us from providing our services to you.

Cookies and similar technologies: Most Web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove cookies and to reject cookies. If you choose to remove cookies or reject cookies, this could affect certain features of our Services.If you have questions or comments about your privacy rights, you may contact us via email at legal @ lilacfinancial.org, or by using the contact form on our website: lilacfinancial.org.

9. CONTROLS FOR DO-NOT-TRACK FEATURES

In short: We do not track your activity across third-party websites or use non-essential tracking technologies, so automated privacy signals typically do not apply to our Services.Global Privacy Control (GPC): We do not sell or share your personal information for cross-context behavioral advertising, nor do we use non-essential cookies or tracking pixels. Consequently, while our website is configured to respect Global Privacy Control (GPC) signals, these signals do not currently trigger any change in our data practices because no such tracking or sharing occurs by default.Do-Not-Track (DNT): While some browsers or operating systems offer a DNT feature, there is no uniform industry standard for how these signals are implemented. As such, we do not currently respond to DNT browser signals. If a standard for DNT is adopted in the future, we will update this Privacy Policy accordingly.

10. DO UNITED STATES RESIDENTS HAVE SPECIFIC PRIVACY RIGHTS?

In short: If you are a resident of certain states or territories, you may have the right to request access to and receive details about the personal information we maintain about you and how we have processed it, correct inaccuracies, get a copy of, or delete your personal information. You may also have the right to withdraw your consent to our processing of your personal information. These rights may be limited in some circumstances by applicable law. More information is provided below.

Categories of personal information we collect

As our business is recently established, we have not collected any personal information in the preceding twelve (12) months. The table below shows the categories of personal information we intend to collect upon our launch. The table includes illustrative examples of each category and does not reflect the personal information we collect from you. For a comprehensive inventory of all personal information we process, please refer to the section "WHAT INFORMATION DO WE COLLECT?".

Category

Examples

Collected

A. Identifiers

Contact details, such as real name, alias, postal address, telephone or mobile contact number, unique personal identifier, online identifier, Internet Protocol address, email address, and account name

YES

B. Protected classification characteristics under state or federal law

Gender, age, date of birth, race and ethnicity, national origin, marital status, and other demographic data

YES

C. Commercial information

Transaction information, purchase history, financial details, and payment information

YES

D. Biometric information

Fingerprints and voiceprints

YES (for authentication)

E. Internet or other similar network activity

Browsing history, search history, online behavior, interest data, and interactions with our and other websites, applications, systems, and advertisements

NO

F. Geolocation data

Device location

NO

G. Audio, electronic, sensory, or similar information

Images and audio, video or call recordings created in connection with our business activities

YES

H. Professional or employment-related information

Business contact details in order to provide you our Services at a business level or job title, work history, and professional qualifications if you apply for a job with us

YES

I. Education Information

Student records and directory information

NO

J. Inferences drawn from collected personal information

Inferences drawn from any of the collected personal information listed above to create a profile or summary about, for example, an individual's preferences and characteristics for personalized communications. Inferences are not used for automated decision making.

YES

K. Sensitive personal information

Social Security Numbers, Tax IDs (EIN), account access credentials, and contents of private communications to deliver services

YES

We only collect sensitive personal information, as defined by applicable privacy laws or the purposes allowed by law or with your consent. Sensitive personal information may be used, or disclosed to a service provider or contractor, for additional, specified purposes. You may have the right to limit the use or disclosure of your sensitive personal information. We do not collect or process sensitive personal information for the purpose of inferring characteristics about you.We may also collect other personal information outside of these categories through instances where you interact with us in person, online, or by phone or mail in the context of:

  • Receiving help through our customer support channels,

  • Participation in customer surveys or contests, and

  • Facilitation in the delivery of our Services and to respond to your inquiries.

We will use and retain the collected personal information as needed to provide the Services or for as long as required by federal, state, and local regulations.Note on Biometric Information. We utilize third-party service providers that may allow for biometric authentication (e.g., Face ID, Touch ID). While our Services facilitate the capture of this information for secure access, we do not store your raw biometric data on our own servers. The processing and storage of such data are governed by your device's security settings and the third-party service provider's privacy policies.

Sources of personal information

Learn more about the sources of personal information we collect in "WHAT INFORMATION DO WE COLLECT?".

How we use and share personal information

Learn more about how we use your personal information in the section, "HOW DO WE PROCESS YOUR INFORMATION?".We do not sell your personal information. We do not use third-party targeting cookies, marketing cookies, beacons, or pixels to share your data with advertisers. We may use your personal information for our own business purposes, such as internal research for service development, which is not considered "selling" under applicable law.

Will your information be shared with anyone else?

We may disclose your personal information with our service providers pursuant to a written contract between us and each service provider. Learn more about how we disclose personal information in the section, "WHEN AND WITH WHOM DO WE SHARE YOUR PERSONAL INFORMATION?".We have not sold or shared any personal information to third parties for a business or commercial purpose in the preceding twelve (12) months.The categories of third parties to whom we disclosed personal information for a business or commercial purpose can be found under "WHEN AND WITH WHOM DO WE SHARE YOUR PERSONAL INFORMATION?".

Your rights

You have rights under certain US state data protection laws. However, these rights are not absolute, and in certain cases, we may decline your request as permitted by law. These rights include:

  • Right to know whether or not we are processing your personal data

  • Right to access your personal data

  • Right to correct inaccuracies in your personal data

  • Right to request the deletion of your personal data: please note that the right to request the deletion of your personal data is subject to limitations. We cannot delete records that we are legally required to maintain by federal or state law, including financial, accounting, and tax records (which are generally retained for a minimum of seven (7) years), or records necessary for fraud prevention or legal defense

  • Right to obtain a copy of the personal data you previously shared with us

  • Right to non-discrimination for exercising your rights

  • Right to opt out of the processing of your personal data if it is used for targeted advertising, the sale of personal data, or profiling in furtherance of decisions that produce legal or similarly significant effects (profiling")

  • Right to request a third-party list

  • Right to appeal a decision regarding a request to exercise your privacy rights, within a time period specified by law

  • Right to Global Privacy Control (GPC)

In accordance with the Illinois Personal Information Protection Act (PIPA) and the FTC Safeguards Rule, we maintain reasonable security measures to protect your sensitive data, and we will notify you of any qualifying security breach as expediently as possible and without unreasonable delay.

How to exercise your rights

To exercise these rights, you can contact us via email at legal @ lilacfinancial.org, or by using the contact form on our website: lilacfinancial.org.Under certain US state data protection laws, you can designate an authorized agent to make a request on your behalf. We may deny a request from an authorized agent that does not submit proof that they have been validly authorized to act on your behalf in accordance with applicable laws.

Request verification

Upon receiving your request, we will need to verify your identity to determine you are the same person about whom we have the information in our system. We will only use personal information provided in your request to verify your identity or authority to make the request. However, if we cannot verify your identity from the information already maintained by us, we may request that you provide additional information for the purposes of verifying your identity and for security or fraud-prevention purposes.If you submit the request through an authorized agent, we may need to collect additional information to verify your identity before processing your request and the agent will need to provide a written and signed permission from you to submit such request on your behalf.

11. DO WE MAKE UPDATES TO THIS NOTICE?

In short: Yes, we will update this notice as necessary to stay compliant with relevant laws.We may update this Privacy Policy from time to time. The updated version will be indicated by an updated 'Last updated' date at the top of the document. For material changes, we will provide notice in accordance with the 'MODIFICATIONS TO TERMS AND POLICIES' section of our Legal Terms. We encourage you to review this Privacy Policy frequently to be informed of how we are protecting your information.

12. HOW CAN YOU REVIEW, UPDATE, OR DELETE THE DATA WE COLLECT FROM YOU?

Based on the applicable laws of your country or state of residence in the US, you may have the right to request access to the personal information we collect from you, details about how we have processed it, correct inaccuracies, or delete your personal information. You may also have the right to withdraw your consent to our processing of your personal information. These rights may be limited in some circumstances by applicable law. To request to review, update, or delete your personal information, please contact us via email at legal @ lilacfinancial.org, or by using the contact form on our website: lilacfinancial.org.