Scarlett v. Young

The defendant is the president and principal owner of two corporations of which the plaintiff was the treasurer until 1926. In his capacity as treasurer he prepared the income tax returns of both corporations, whose employment he left during the year 1926. The plaintiff is a lawyer and, in the spring of 1927, he became a certified public accountant, and has since been occupied in the practice of accountancy. It is not denied that in September, 1927, the plaintiff was engaged by the two corporations to make their federal yearly income tax returns and state tax report for an annual fee of $250,…