A recent United States Supreme Court decision may potentially affect all CPA firms that provide tax services to clients. In light of this, it is important for CPAs to understand the professional liability implications of this decision.
The history
In Quill Corp. v. North Dakota[1], the U.S. Supreme Court held that a state could not require a seller to collect and remit sales tax in a state unless the taxpayer had a physical presence in the state. Since that