Archive for October, 2013
Did you know that the word “tax” actually comes from the Latin word “taxo,” which means “I estimate?” Taxes are an integral part of society, as they are used to pay for several services, including public schools and street repairs. When it comes to filing taxes, however, an accountant is typically needed for assistance. Since the tax-filing process can often be complicated, an accountant will help you figure out how to do your taxes properly.
Accountants have a strong background in bookkeeping, accounting, and auditing, which are all needed to file taxes properly. Double-entry bookkeeping, for example, first emerged in 14th century Italy, where trading required more capital than a single person could invest. Since accountants are equipped to handle everything related to these three essential entitie