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The AICPA’s Tax Executive Committee has proposed changes to the Statements of Standards for Tax Services (SSTSs). The proposal (https://www.aicpa.org/resources/download/tax-standards-ssts-exposure-draft-and-invitation-to-comment) has two parts. Part 1 is an Exposure Draft of proposed revisions to the SSTSs. Part 2 is an Invitation to Comment on how the AICPA could potentially introduce quality management in the tax realm. Comments are due by December 31st.
Do you agree with the proposed changes to the tax standards?
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