Out of The Box Technology acquired Powerful Accounting.

Out of The Box Technology, an accounting technology company, acquired Powerful Accounting, which provides bookkeeping, process implementation, tax preparation, management use financial reporting, IRS and State Taxation representation and resolution, and business consulting. Financial terms were not disclosed. "Dawn's experience in the accounting community, along with her wealth of knowledge in fraud services and extensive tax background answer what our clients have been asking for. We are thrilled to expand our service line with the supreme talent of the Powerful Accounting team," said Denise Loter-Koch, Founder of ebs Associates and now Chief Executive Officer of Out of The Box Technology.