Effective Date: March 1, 2026
To ensure compliance with requirements imposed by the Internal Revenue Service under Circular 230 (31 C.F.R. Part 10), we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of (i) avoiding penalties that may be imposed under the Internal Revenue Code, or (ii) promoting, marketing, or recommending to another party any tax-related matters addressed herein.
Treasury Department Circular 230 (31 C.F.R. Part 10) governs practice before the Internal Revenue Service. It establishes standards of conduct for tax professionals — including CPAs, attorneys, and enrolled agents — who provide tax advice and represent taxpayers before the IRS.
Among other requirements, Circular 230 regulates the circumstances under which written tax advice may be relied upon by taxpayers to avoid penalties. Unless a written communication specifically meets the requirements for "covered opinions" or formal written advice under the regulations, the above disclaimer applies.
This notice applies to all communications from Biscayne Bay Advisory, including:
When BBA provides formal written tax advice that is intended to be relied upon by a client to avoid penalties — for example, a comprehensive advisory memorandum issued as a deliverable under a signed engagement letter — that advice will be clearly identified as such and will comply with the applicable standards under Circular 230.
General informational content on this website, including descriptions of services, areas of expertise, and educational articles, does not constitute tax advice and should not be relied upon as a basis for any tax position. Clients should not take action based on website content alone without first engaging BBA under a formal engagement letter.
The information on this website is provided for general educational and informational purposes only. It is not a substitute for professional tax advice tailored to your specific facts and circumstances.
BBA adheres to the following professional standards in all engagements:
If you have questions about this notice or BBA's compliance with Circular 230, please contact:
Biscayne Bay Advisory
Email: email us
Miami, Florida