Statements on Standards for Tax Services

    Accounting Standards for Tax Purposes - Exposure Draft 

    The Tax Executive Committee (TEC) is responsible for developing and issuing the AICPA Statements on Standards for Tax Services and interpretations of those standards and for monitoring those standards and interpretations and making revisions as needed. The TEC utilizes a process that includes deliberation in meetings open to the public, public exposure of proposed standards and interpretations, and a formal vote. Exposure Drafts of these standards and interpretations are issued by the AICPA to invite public comment before a final pronouncement is issued. The public exposure time varies depending on the complexity of the issue and the circumstances surrounding the need for a new standard or interpretation.

    SSTS Interpretations No. 1-1 and No. 1-2

    On February 3, 2011, revised SSTS Interpretations No. 1-1, "Reporting and Disclosure Standards," and No. 1-2, "Tax Planning," were exposed for comment.  These proposed, revised interpretations incorporate revisions made to SSTS No. 1, Tax Return Positions, that became effective on January 1, 2010 and provide members with additional guidance on the application of SSTS No. 1.  For additional information regarding the exposure draft and the submission of comments, please see the documents listed below.  The comment period ended on May 15, 2011.


    UPDATE:
      At their August meeting, the Tax Executive Committee voted to approve Interpretations No. 1-1 and 1-2.  There were no comments during the exposure period so the draft was approved without changes.  Final publication and issuance is expected later this fall.  (This updated was posted 08/30/2011)

     

     

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    Tax Return Positions FAQs

    FAQ Frequently Asked Questions regarding SSTS No. 1 Tax Return Positions
    Published on July 10, 2014

    Appropriate Disclosure for Purposes of Paragraph 5(a) and (b) of Statement No. 1

    FAQ Statement on Standards for Tax Services (SSTS) - Appropriate Disclosure for Purposes of Paragraph 5(a) and (b) of Statement No. 1
    Published on July 08, 2014

    Pass-through Basis FAQ

    FAQ SSTS FAQs for Passthrough Entities
    Published on July 08, 2014

    Home Office FAQs

    FAQ SSTS FAQs - Home Office
    Published on July 08, 2014

    Estimated Casualty Losses of Real Property FAQs

    FAQ AICPA - SSTS Estimated Casualty Losses of Real Property
    Published on July 08, 2014

    Estimated Topics FAQs

    FAQ SSTS FAQs for Estimated Topics
    Published on July 08, 2014

    Answers to Questions on Returns

    FAQ SSTS FAQs for Answers to Questions on Returns
    Published on July 08, 2014

    Statements on Standards for Tax Services

    Overview This page shows the Statements on Standards for Tax Services (SSTSs), the Interpretations, and the history of the statements.  The SSTSs are enforceable tax practice standards for members of the AICPA and apply to all members regardless of the jurisdictions in which they practice.
    Published on June 26, 2014

    Accounting Standards for Tax Purposes - Exposure Draft

    Issue Brief Exposure drafts of AICPA Statements on accounting standards for tax purposes  and interpretations are issued by the AICPA to invite public comment before a final pronouncement is issued. The public exposure time varies depending on the complexity of the issue and the circumstances surrounding the need for a new standard or
    Published on May 14, 2013

    Preview and Analysis of Proposed Statements on Standards for Tax Services Table of Contents

    Article The Tax Adviser, May 2009.  The proposed revised Statements on Standards for Tax Services are previewed in this article.
    Published on May 07, 2013

    AICPA Tax Standards Strengthened - PDF

    Article The Tax Advisor, February 2010.  Revised Statements on Standards for Tax Services, effective January 1, 2010, reflect revisions and clarifications.
    Published on May 01, 2013

    SSTS No.3, Certain Procedural Aspects of Preparing Returns

    Guidance This is Statements on Standards for Tax Services No.3, Certain Procedural Aspects of Preparing Returns.
    Published on April 03, 2013

    SSTS-No.7,-Form-and-Contact-of-Advice-to-Taxpayers

    Guidance This is the Statement of Standards for Tax Services No.7, Form and contect of Advice to Taxpayers.
    Published on April 02, 2013

    Interpretation No. 1-2, Tax Planning, of Statement on Standards for Tax Services No. 1, Tax Return Positions

    Professional Standards Statement on Standards for Tax Services Issued by the Tax Executive Committee reflect the AICPA’s standards of tax practice and delineate members’ responsibilities to taxpayers, the public, the government, and the profession (October 2003).
    Published on February 01, 2012

    SSTS No.6, Knowledge of Error, Return Preparation and Administrative Proceedings

    Guidance This is the Statement on Standards for Tax Services No.6, Knowledge of Error, Return Preparation and Administrative Proceedings.
    Published on January 06, 2012

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