On December 13, 2006, the Indiana Court of Appeals reviewed the statute of limitations applicable to claims of accountant malpractice. In so doing, it also considered whether the accountant’s “continuing representation” after the client’s financial harm became known should postpone commencement of the limitations period for a claim against the accountant. In this case the court upheld summary judgment in…
On December 13, 2006, the Indiana Court of Appeals reviewed the statute of limitations applicable to claims of accountant malpractice. In so doing, it also considered whether the accountant’s “continuing representation” after the client’s financial harm became known should postpone commencement of the limitations period for a claim against the accountant. In this case the court upheld summary judgment in…
Are your clients envious of new businesses moving to town and receiving tax abatement on a new plant or equipment? They, too, often upgrade or expand their business building or install new equipment. Why shouldn’t they receive a similar credit for their investment? Well, now they can. Starting in 2006 taxpayers who qualify can obtain a “capital investment deduction” on…