Sharing Financial Information with Professionals: Risks, Legal Implications, and Practical Considerations

This chapter delves into the risks and implications of sharing private financial information with professionals like accountants, emphasizing data security and legal protection. It discusses the importance of finding professionals with strong information security protocols and balancing technical security measures with practicality in business relationships. The chapter also addresses questions on using grants for business expenses, reimbursement decisions, retirement savings, and bankruptcy planning.