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I was wanting to open a bookkeeping practice. I have heard…

I was wanting to open...
I was wanting to open a bookkeeping practice. I have heard that I can not have the name "Accounting" in my business name if I am not an accountant. I reside in Texas. Does anyone know if this is correct?
Regards,
Tara Racer
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Answered in 2 hours by:
6/10/2010
socrateaser
socrateaser, Attorney
Category: Business Law
Satisfied Customers: 39,748
Experience: Retired
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It's correct. Under Occupations Code 901.453, holding oneself out using any title that can be confused with the term "certified public accountant," can be subjected to both civil and criminal penalties. If the person is successfully prosecuted, it can mean civil and/or criminal penalties, including fines and imprisonment. Occ. Code 901.602.

Consider limiting your name to the term "bookkeeping service," or similar.

Hope this helps.

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