FRED SMITH PLUMBING & HEATING CO., INC. v. CHRISTENSEN


233 A.D.2d 207 (1996)

649 N.Y.S.2d 684

Fred Smith Plumbing and Heating Co., Inc., Appellant, v. Edward F. Christensen et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

November 19, 1996


The dismissed causes of action in this accountant malpractice action alleged claims based upon defendants' failure to properly advise plaintiff with respect to, inter alia, the reasonableness of its executive compensation and the option of electing Subchapter S status. Plaintiff alleged that the defendants' failures resulted in substantial additional tax liability as a result of a 1990-1991 Internal Revenue Service audit...

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