Proposed revised Statements on Standards for Tax Services address members' requests for clarification, new federal and state laws.

Proposed revised Statements on Standards for Tax Services have been exposed for comment. The current SSTSs remain in effect during the exposure period, which ends May 15, and until replaced by action of the Tax Executive Committee.

SSTSs are enforceable tax practice standards for AICPA members. These statements apply to all members providing tax services regardless of the jurisdictions in which they practice. The statements are intended to complement other standards of tax practice, such as Treasury Department Circular No. 230, Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, Enrolled Retirement Plan Agents, and Appraisers before the Internal Revenue Service; penalty provisions of the Internal Revenue Code; and state boards of accountancy rules.

Since the issuance of the current SSTSs, members have asked for clarification on certain matters, such as the duplication of the language in SSTS No. 6, Knowledge of Error: Return Preparation, and No. 7, Knowledge of Error: Administrative Proceedings. Also, various changes in federal and state tax laws have necessitated revising SSTS No. 1, Tax Return Positions, and No. 8, Form and Content of...