Changes to the AICPA Statements on Standards for Tax Services (SSTS) are potentially impacting CPAs. While these changes do not govern EAs and other tax preparers, CPAs who offer even a small amount of tax services should be paying attention.
The most recent changes to the AICPA SSTS went into effect on January 1st. Importantly, the definition of “tax service” was expanded with these changes. Prior to this year, a tax service was primarily considered preparation of income tax returns but now includes ...