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March 2019 Archives

How could a statute of limitations impact you in a lawsuit?

For most people, the term statute of limitations likely calls to mind criminal matters. For many criminal offenses, such as petty theft and other misdemeanors, there is a firm statute of limitations in place. This statute effectively protects someone from facing criminal consequences indefinitely. In other words, the state has a limited amount of time when they can bring charges against someone for a criminal act.

What does professional malpractice look like for accountants?

When you hire a professional for a skilled job, you assume that they will properly fulfill their obligations to you. Unfortunately, there are many circumstances in which professionals fail to live up to the expectations of their clients. Sometimes, these issues are performance-based and not necessarily serious. Other times, mistakes and improper action taken by professionals can have a profound impact on their clients.

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