Articles Posted in Accounting Malpractice

The case is Yung v. Grant Thornton, 2016-SC-00571 and 2017-SC-00151. The plaintiffs sued Grant Thornton for fraud for placing them in a tax shelter. The IRS disallowed the tax shelter and the Yungs were required to pay $20 million in back taxes and penalties. The Yungs sued Grant Thornton for…

The case is Millman v. Blatt & Dauman, 2018 NY Slip Op 30016(U).  The plaintiff sued his former divorce attorney and his accountant for providing allegedly faulty tax advice that he should file a joint return with his wife. Because the plaintiff alleged that he relied on the advice of the…