Key takeaways from the 11th Circuit Court: AICPA guidelines are critical in the accounting profession
8/14/25
By: Scott Eric Anderson
The recent unpublished 11th Circuit Court decision in Simmons v. AICPA, GSCPA, Georgia State Board of Accountancy, and Green, Mosier & Kemp, LLC offers critical insights for accounting professionals navigating the regulatory landscape. The case involved …
Sharp change in Illinois tax law creates significant liabilities for non-Illinois companies
8/7/25
By: Nancy M. Reimer and Matthew R. Stersic
Accountants in Illinois or with clients with dealings in Illinois should take note of a sea change in Illinois tax law. Under Illinois’ newly passed H.B. 2755, Out-of-State and Out-of-Country businesses with …
Accountants beware – The importance of obtaining client consent prior to disclosing tax information
7/10/25
By: Scott Eric Anderson and James G. Bozza
Internal Revenue Code § 7216 is a criminal provision that prohibits tax return preparers from knowingly or recklessly disclosing their clients’ tax return information for a purpose other than completing an income …
The Big Beautiful Bill – How does it affect tax treatment for professional services firms?
7/9/25
By: James G. Bozza
The One Big Beautiful Bill Act was signed into law on July 4, 2025 following weeks of contentious debate. If your professional services firm operates as an LLC, an S corporation or a sole proprietorship, the …
Read the not so fine print: Indiana draws a hard line time frame to bring claim against insurance broker
6/25/25
By: Donald Patrick Eckler and Jessica K. Sterna
In Aegean, LLC d/b/a Public Agency Training Council v. Taggart Insurance Center, Inc., 24A-PL-2270 (Ind. App. Ct. May 30, 2025), the Indiana Court of Appeals addressed critical issues involving statutes of limitations …
Potential liability for CT scan manufacturers due to increased risks of cancer
5/14/25
By: Kevin G. Kenneally, James V. Lovett, Eric K. Stryker and Kyle M. Virgin
A new study out of the University of California, San Francisco has linked current CT scanning practices to increased risks and incidences of cancer …
Georgia Supreme Court eliminates ‘judgmental immunity’ defense for attorneys
5/14/25
By: Marissa A. Dunn and Dana K. Maine
On May 13, 2025, the Georgia Supreme Court issued a significant opinion in Cox-Ott v. Barnes & Thornburg, LLP et al., — S.E. 2d –, 2025 WL 1373101, eliminating the “judgmental …
Unreposed: No rest after six years in Massachusetts
5/13/25
By: Christopher J. Fulmer
In a pivotal decision for construction law in Massachusetts, the Supreme Judicial Court (SJC) recently addressed the application of the state’s statute of repose in Trustees of Boston University v. Clough, Harbour & Associates LLP. …
High demand, low supply: How Georgia is addressing the nationwide accountant shortage
5/12/25
By: James G. Bozza
Certified Public Accountants (CPAs) are increasingly rare despite their provision of essential professional services to businesses. The quantity of CPAs has largely stagnated over the last decade despite the substantial increase in national GDP and the …
Artful pleading counterfeited by Texas Supreme Court’s adoption of anti-fracturing rule
4/24/25
By: Emaan Ali Bangash and Patrick T. Mulry
In its recent ruling that the anti-fracturing rule applies broadly to professional malpractice cases, the Texas Supreme Court has affirmed the bedrock principle that the law should not reward artful pleading. While …
Why picking up the phone isn’t enough – The growing importance of creating and following strict internal rules to avoid cyber and professional liability
4/14/25
By: James G. Bozza and Kevin R. Stone
A Connecticut court recently found a law firm liable for failing to protect its email system following a breach, which led to a fraudster obtaining funds intended to finalize a real estate …
Be advised: Connecticut Supreme Court allows third-party to bring malpractice claim against attorney for failing to advise decedent client
4/8/25
By: Ryan Giggi and Edward N. Storck III
In Wisniewski v. Palermino, 351 Conn. 390 (2025), Connecticut’s Supreme Court held that plaintiff beneficiaries of a decedent’s estate could bring a legal malpractice claim against the decedent’s attorney where that …