Every industry has its own language and terms. These words and phrases can be confusing to anyone who is not part of the daily operations of a specific industry, and the accounting business is no exception.

Many entrepreneurs who launch their businesses start out by wearing the accountant’s hat and doing their own taxes, in addition to doing just about everything else in the business too. At first, it’s easier for a layperson to keep track of a business’ finance with the advent of simple bookkeeping software, such as QuickBooks, Quicken, and Microsoft Office Small Business Accounting. But there comes a time in a growing enterprise when it makes sense to hand over responsibilities for taxes, accounting, and the rest of the financial functions to specialists.

We are delighted to announce the launch of our new website!