Tax Executive Committee approves SSTS interpretation on tax planning.

• Position: Tax info - Statement on Standards for Tax Services - Brief Article

On Aug. 21, the Tax Executive Committee voted to adopt Interpretation No. 1-2, "Tax Planning," of Statement on Standards for Tax Services No. 1, Tax Return Positions, as enforceable as part of the AICPA's Code of Professional Conduct Rule 201, General Standards, and Rule 202, Compliance with Standards.

The full text of the new interpretation will be published in the Dec. issue of the Journal of Accountancy and will be available on our Web site at...