The AICPA Tax Executive Committee is seeking input on its newly issued statements of standards for tax services (SSTSs).
The goals of the SSTS revisions are to ensure they accurately reflect the current state of the tax profession and address the emerging needs of today’s CPAs.
The proposed updates include the reorganization of the SSTSs by type of work performed and the enactment of three new standards related to data protection, reliance on tools and the representation of clients before taxing authorities.
The AICPA asks tax professionals to provide comments on specific proposed standards through its comments form or by email to SSTScomments@aicpa-cima.com.