PEEC finalizes revisions to tax services independence guidance
July 21, 2026
The AICPA Professional Ethics Executive Committee recently approved revisions to the “Tax Services” interpretation of the AICPA Code of Professional Conduct, completing a multiyear project to strengthen and clarify independence requirements when members provide tax advisory and tax planning services to attest clients.
The revised interpretation, adopted in May, maintains a principles-based framework and provides guidance for evaluating potential threats to independence, such as advocacy — when a member champions a client’s interest to a point that compromises independence and objectivity — and self-review.
The final standard goes into effect on Jan. 15, 2027, and early implementation is permitted. Read more.
