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AICPA to update Statements on Standards for Tax Services

To address significant changes in tax practice in recent years, the AICPA has initiated a project to update the Statements on Standards for Tax Services (SSTS). The SSTS are enforceable standards under the AICPA Code of Professional Conduct. Areas of focus will be: 

  • Data security and privacy
  • Tax quality control
  • Taxpayer representation
  • Reliance on technology tools
  • Document retention

Click here for an article on the update and here for an AICPA pod cast on the SSTSs.