Isaacson, Stolper & Co. v. Artisan's Savings Bank

McNEILLY, Justice:

This is an appeal from a judgment of the Superior Court refusing to dismiss an action for malpractice against an accountant. The critical issue involves the Statute of Limitations. The basic facts are not in dispute.

From approximately 1952 until sometime in 1966, Isaacson, Stolper & Co., a partnership of Certified Public Accountants, (defendant) provided the accounting services, including preparation of federal income tax returns for Artisans’ Savings Bank (plaintiff).

Prior to fiscal year 1962, plaintiff’s accounting practice was such that there was a six-month lag in…